Quantitative easing created inflation-free US growth, Fed official says

The US Federal Reserve's unconventional monetary policies have lowered borrowing costs and boosted growth without creating unwanted inflation, a top Fed official has said, predicting the central bank's latest asset-buying round will exceed US$600 billion.

via Business feed http://www.scmp.com/business/economy/article/1076521/quantitative-easing-created-inflation-free-us-growth-fed-official