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Wednesday, October 10, 2012

Yellen Says World Benefits From Fed QE Boosting U.S. Growth - Bloomberg

Yellen Says World Benefits From Fed QE Boosting U.S. Growth - Bloomberg
  
Federal Reserve Vice Chairman Janet Yellen said Fed asset purchases that boost U.S. economic growth would benefit the world, with emerging nations having the tools to manage excess capital flows.
“It’s not the intention of the U.S. and Fed to make this more difficult,” she said at an International Monetary Fund event in Tokyo today. “On balance, stronger U.S. growth is beneficial for the entire global economy.” 

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