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Tapering delay 'allows E Asia to prepare for ending stimulus'

World Bank lowers growth forecast for developing E Asia
Tuesday, October 8, 2013 - 06:00

DELAY by the US Federal Reserve in tapering quantitative easing (QE) has given East Asia a reprieve to prepare for the eventual withdrawal of monetary stimulus, but the region must use this window of opportunity to make essential economic reforms, the World Bank said yesterday. "Financial

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