Alan Greenspan: The evolving international payments imbalance of the United States and its effect on Europe and the rest of the world Remarks by Mr Alan Greenspan, Chairman of the Board of Governors of the US Federal Reserve System, at the 21st Annual Monetary Conference, Cosponsored by the Cato Institute and The Economist, Washington, DC, 20 November 2003.
Despite the announcement on December 18, 2013 of commencement of tapering by the US Fed starting from January 2014 and the subsequent announcements about the increase in its pace, the Rupee has generally remained stable, which indicates that the markets have broadly shrugged off QE tapering fears.