round of quantitative easing – Greek Translation – Keybot Dictionary
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QE3, or the third
round of quantitative easing
, won plaudits from Fischer, who was Bernanke’s thesis adviser. The IMF’s former No. 2 official said tying the program to reducing unemployment “adds to the credibility” of Fed measures.
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Finance chiefs at the IMF and World Bank annual meetings left Tokyo this weekend at odds over how to address the issue, with South Korea’s central bank chief urging Asia to add stimulus as Russia and Brazil called on rich nations to fix their own challenges. At stake is a world economy Bank of Israel Governor Stanley Fischer calls “awfully close” to recession.
