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Abheek Barua & Shivom Chakravarti: To QE or not to QE
Global markets endured another painful fortnight as weak data revived fears of a global recession. At the same time, Standard and Poor’s (S&P) downgrade of US government bonds and the uneasiness over the credit-worthiness of European heavyweights like France underscored the fact that policy responses on both sides of the Atlantic are falling short of the challenge. The result was a sharp rise