QE3 would worsen Asian inflation, hurt equities, says BoA Merrill
Further Fed quantitative easing would force Asian central banks to tighten, although China should be able to keep a lid on inflation, agree panellists at the bank's global macro forum.
Inflation in Asia – particularly China – is a growing problem that could get worse if the US imposes another round of quantitative easing, according to panellists at Bank of America Merrill Lynch's 2011 Global Macro Forum in Hong Kong this week.
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