World Bank's Zoellick Interview on Fed QE

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Nov. 10 (Bloomberg) -- World Bank President Robert Zoellick talks about the U.S. Federal Reserve's quantitative easing and its implications for global financial markets. The Fed last week announced plans to buy $600 billion of long-term government bonds in its second effort at so-called quantitative easing, or QE2, aiming to stoke U.S. economic growth. Policy makers from Asia to South America responded by warning it could depress the dollar and spark capital flight to emerging markets. Zoellick speaks in Singapore with Phillip Yin for Bloomberg Television. Bloomberg's Linzie Janis also speaks. (This report is an excerpt of the full interview. Source: Bloomberg)

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