Poker face

Fed Chairman Bernanke: Easy monetary policy is bolstering the US economy and helping other nations as well AGA ESPECIALLY CYPRUS – Easing policies have aided advanced economies, but the impact on emerging market economies is more complicated. – Stronger growth in advanced economies provides beneficial spillovers to trading partners, meaning that easy money policies are not beggar-thy-neighbor but rather are positive-sum, 'enrich-thy-neighbor' actions. – The real exchange rates of emerging economies are not much changed from pre-crisis levels (on a trade-weighted basis), with some exceptions.