Members of the Occupy Wall Street movement stage a protest march near Wall Street in New York on October 12, 2011. The Federal Reserve’s quantitative easing programme, instituted after the 2008 financial crisis, increased income inequality. Photo: AFP
Opinion
Opinion
The View
The Federal Reserve’s quantitative easing report card is mixed – except for the rich
Stephen Roach says as the 10th anniversary of the Federal Reserve’s quantitative easing programme approaches, five lessons can be learned from its successes and shortcomings
Members of the Occupy Wall Street movement stage a protest march near Wall Street in New York on October 12, 2011. The Federal Reserve’s quantitative easing programme, instituted after the 2008 financial crisis, increased income inequality. Photo: AFP