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Fed holding on to US$4t amassed since QE started

This will continue to keep a lid on borrowing costs, lift inflation closer to its target and support the economy

Washington

QUANTITATIVE easing may turn out to be a gift that keeps on giving for the US economy.

As the Federal Reserve prepares to end its third round of bond buying this week, the central bank plans to hang on to the record US$4.48 trillion balance sheet it has accumulated since