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Central bank intervention set to continue

While some blame recent global volatility on the US Federal Reserve, central bankers say stimulus policies are now an accepted and widely used way to encourage growth.
Central bank intervention set to continue
Market intervention by the US Federal Reserve and other central banks will continue for the foreseeable future, even as volatility continues to roil emerging markets and other countries, suggest central bankers. Monetary easing policies by the Fed, the European Central Bank (ECB) and, more recently, the Bank of Japan (BoJ) were designed to mitigate the impact of the financial crisis. But while the Europe, Japan and the US have enjoyed economic growth, emerging markets have suffe…
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