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Germany Blasts Bernanke: Results of Fed Stimulus Could Be ’Horrendous’

3:22am GMT, Tuesday, 9 November 2010

German Finance Minister Wolfgang Schäuble has sharply criticized the US Federal Reserve’s decision to pump a further $ 600 billion into the country’s ailing economy. He says the move could create problems for the global economy. Others have joined in the condemnation.
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