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lunes, 17 de junio de 2013

End of Cheap Money... No More Cash Infusions?

Can the World Handle Higher Interest Rates?

By Martin Hesse, Anne Seith and Wieland Wagner
Graphic: Cheap money.


For the last five years, the world's leading central banks have been combatting the crisis with extremely low interest rates and vast bond purchases. Now the American Fed is breaking ranks, as it cautiously suggests a change in its policy -- sending the markets into turmoil.

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