QE crystallised doubts surrounding dollar: US subcommittee speaker

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The Federal Reserve's quantitative easing programme has crystallised doubts about the credibility of the dollar as a stable currency, a member in attendance of the US subcommittee on monetary policy, has said.

At a hearing of the House of Representatives' subcommittee on Domestic Monetary Policy and Technology on Thursday to examine the relationship between monetary policy and rising prices, James Grant, the editor of Grant's Interest Rate Observer, a journal, said the Fed's latest quantitative

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