Week that was: Market on a joyride as govt hikes diesel price

Sat, Sep 15, 2012 at 13:50

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Fed announces QE3: To boost its sluggish economy, the US Federal Reserve unleashed a third round of quantitative easing, better known as QE3. The central bank will buy USD 40 billion of mortgage debt every month to improve the jobs outlook and reduce unemployment rates in the country.


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