Foreign Capital Inflows Fuelling Bond Bubbles And Pushing Up Currency In Emerging Economies?
The US Federal Reserve Chairman, Ben S. Bernanke, believes that further buying of financial assets by the Fed is likely
to help the economy more, after saying that the central bank’s first round of large-scale asset purchases had been
effective in improving the economy. “I do think that the additional purchases — although we don’t have precise numbers
for how big the effects are — would have the ability to ease financial conditions”, said the Fed Chairman.
Tracking The World Economy... - 05/10/2010
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