Fed policymaker: We need QE3

Natalie Kenway
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US - Charles Evans, a leading Federal Reserve policymaker, has called on Ben Bernanke to issue further monetary stimulus as inflation higher than the 2% target would not be a "catastrophe".

While chairman Bernanke has resisted calls for QE3 in the US, Evans said he favours "more accommodation" and is the first policymaker on the Federal Open Market Committee to publicly declare inflat...

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