Easy on the easing

America’s second round of so-called quantitative easing will hurt Asian growth, according to our web poll last week.
German finance minister Wolfgang Schaeuble described the latest US quantative easing plan as ôclueless.ö
German finance minister Wolfgang Schaeuble described the latest US quantative easing plan as ôclueless.ö
November 16, 2010

The US Federal Reserve’s announcement last week that it will buy $600 billion of government bonds might work to stave off deflation in America, but our readers aren’t so sure that it will benefit Asia’s emerging economies.

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