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Developed-World Central Bankers Out of Ammunition, Roach Says

Jan. 26 (Bloomberg) -- Central bankers in the developed world are “out of ammunition” and quantitative-easing policies in the U.S. aren’t achieving traction, said Stephen Roach, non-executive chairman of Morgan Stanley Asia.

Fears about a Chinese economic slowdown are overblown, he also said in an interview with Bloomberg Television at the World Economic Forum in Davos, Switzerland.

Link to Company News:{2539Z GR <Equity> CN <GO>} Link to Company News:{MS US <Equity> CN <GO>}

To contact the editor responsible for this story: Keith Campbell at k.campbell@bloomberg.net

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