Fed Purchases Needed to Prevent Slump, HSBC Says

Fed Purchases Needed to Prevent Slump, HSBC Says Play

Dec. 12 (Bloomberg) -- Stephen King, chief economist at HSBC Holdings Plc, talks about Federal Reserve monetary policy and the European Central Bank's pledge to buy the bonds of governments willing to sign up to reform. He speaks with Mark Barton on Bloomberg Television's "Countdown." (Source: Bloomberg)

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