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Washington Post (November 10)

2014/ 11/ 11 by jd in Global News

“The Federal Reserve has ended its roughly $3.7 trillion program of bond buying, leaving in its wake a host of hard questions. Did it strengthen the economic recovery? If so, by how much? What are the long-run effects? Should it be used again? We don’t have good answers.” Without more rigorous research, we won’t know whether or in what circumstances quantitative easing should be deployed in the future.

 

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