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QE has outlived its usefulness: Pro

Thu 19 Dec 13 | 06:48 AM ET
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QE has outlived its usefulness: Pro

Thu 19 Dec 13 | 06:48 AM ET
Greg Ip, The Economist U.S. economic editor, shares his views on the Fed's decision to pare its bond buying program by $10 billion while keeping interest rates low. What surprised me was Bernanke's somewhat "hawkish" statement at the press conference, says Ip.
 
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