Wednesday, 27 October 2010

Moneynews.com


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Grantham: Fed Easing Harms Economy, Hurts Dollar


Jeremy Grantham, chief investment strategist at Grantham Mayo Van Otterloo & Co., said the Federal Reserve’s policy of low interest rates has harmed the U.S. economy and if the central bank goes ahead with quantitative easing it could make the situation worse.


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