#deflationary policy

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Chorus of Emerging Markets Condemn Fed Policy
November 4, 2010 4 min. read

A rising chorus of central bank policy-makers in emerging market nations criticized the Federal Reserve on Thursday for its decision to pump more money into the U.S. economy – a monetary policy known as Quantitative Easing – a measure that they fear could escalate the worrisome influx of cash into fast-growing economies around the world.

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