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BIS and IMF attacks on quantitative easing deeply misguided warn monetarists

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The two watchdogs launched broadsides against central bank largess last week. The BIS — the forum of central banks — was particularly blunt, seeming to imply that quantitative easing "does not work". Critics say this risks undermining the credibility of radical measures when more may yet be needed. They fear…

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Click here to read the full story: The Telegraph

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