U.S. Will Roll Out QE3 After S&P Rating Cut, Li Daokui Says - Bloomberg

The U.S. Federal Reserve will extend its program to purchase the nation’s debts and stabilize long- term interest rates after Standard & Poor’s downgraded its credit rating, according to an adviser to China’s central bank. - U.S. Will Roll Out QE3 After S&P Rating Cut, Li Daokui Says
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