US Federal Reserve announces further quantitative easing

US policy-makers tonight announced further emergency measures to prop up the recovery of the world’s biggest economy.

US Federal Reserve announces further quantitative easing
Wed, 03 Nov, 2010 - 18:55

US policy-makers tonight announced further emergency measures to prop up the recovery of the world’s biggest economy.

The Federal Reserve said it would pump an extra $600bn (€425m) into its economy over the next eight months in a second round of quantitative easing.

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