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QE2 to set sail again

Feb 16 2012  This week the Bank of Japan joined the Federal Reserve and the Bank of England in growing its balance sheet - it's likely that more central banks will follow suit. Joachim Fels, economist at Morgan Stanley, tells the FT's Long View columnist John Authers about how the action is supporting markets and the effects it could have on emerging markets.  (4m 59sec)
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Produced by Veronica Kan-Dapaah and Seb Morton-Clark. Filmed by Rod Fitzgerald and James Macdonald.

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