Fed rejects the idea that the EQ is a kind of currency war chapter
The US Federal Reserve took a solid bet with the future long-term America by blindly pursuing stimulus
In an unusual gesture, vice President the Federal Reserve and William Dudley, the New York Fed President Janet Yellen gave interviews to newspapers to face the barrage of criticism go abroad and at home, the decision to inject another $600bn into the economy of the United States.
Struggle to resume its economy healthy America saw President Obama and democracy be punished in the mid-term elections earlier this month and sparked fierce debate on Capitol Hill on what kind of medicine, the economy was needed.
Criticism of the fed - in which the Central Bank buys obligations, including the Consolidated Revenue Fund US to depreciate the cost of long term - loan policy concern that it is an attempt to deliberate decrease the value of the dollar and risk fuel inflation. The United States recovery reached a peak in the fourth quarter of 2009, when economy encoches annual growth almost 5mC.Since, it slowed 2pc autour and has failed to dent of unemployed lies at 9 6pc.
Ms. Yellen, a key to the Chairman of the Fed Ben Bernanke, ally said that the fragility of the economy forced the Federal Reserve Act. ""I'm having to see where really solid growth can come de.Et I see inflation linger around from current long levels", she says fresh from the Ministry of labour Tuesday .Chiffres showed that production, to the exclusion of the energy and food prices have their largest drop in October 2006.
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