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QE GONE, RATES HIKE NOT IMMINENT
To salvage the world's largest economy from the worst financial meltdown since the "Great Recession," the Fed has kicked off three rounds of quantitative easing (QE) stimulus since the end of 2008, injecting trillions of dollars of liquidity to boost the sagging economy.61 Canadian dollars a share, a day after the telecom company reported a fall in quarterly profit, hurt by increased competition and weaker demand for its wireless services. |
