10.08.2011 - QE3 will boost commodities, hurt India, feel experts |
During the stormy days of November 2008 when Wall Street shook and liquidity dried up, the US Federal Reserve kicked off quantitative easing, a method of infusing money into the economy by purchasing government bonds. Across 16 months, the Fed pumped in $1.25 trillion of newly-generated money, a lot of which made its way to emerging markets including India, driving up stocks and commodities..............................................Full Article: Source |