US Fed votes to end US stimulus programme

Oct 29, 2014, 06:25 PM

The US Federal Reserve has announced it is ending its quantitative easing (QE) stimulus programme begun in 2008.

The Fed said it was confident the US economic recovery was on track, despite weakness in the global economy.

Two Federal Reserve insiders - Randy Kroszner and Andrew Huszar - tell us how the bank spent trillions and trillions of dollars. Did it really save the world from financial armageddon?