US Fed pressed to take care with stimulus pullback | Bangkok Post: news

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US Fed pressed to take care with stimulus pullback

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Global finance chiefs stepped up calls Saturday for the Federal Reserve to take care in moving to cut its stimulus, as emerging countries wrestle with financial turbulence. 

US Federal Reserve Chairman Ben Bernanke reads the Financial Times during the annual World Bank - International Monetary Fund (IMF) meetings in Washington, DC, October 12, 2013

Numerous countries at the annual meeting of the International Monetary Fund and the World Bank said the US central bank's expected tightening had already added challenges to their struggling economies, stirring capital outflows and pressing their currencies lower.

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