China and Germany, the world’s second-largest and fourth-largest economies respectively, expressed concern about Federal Reserve plans to pump $600 billion into the U.S. economy.
The Fed announced plans to buy $600 billion of assets earlier this week. The Fed hopes that the move, known as quantitative easing, will help boost the U.S. economy and lower unemployment.
German Finance Minister Wolfgang…
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China, Germany Criticize U.S. Quantitative Easing originally appeared on DailyFinance on Fri, 05 Nov 2010 07:48:00.