A day after announcing a second round of quantitative easing, Fed Chairman Ben Bernanke responded to critics in a Washington Post op-ed that explains how the program will work and why it won’t spark inflation.
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U.S. Federal Reserve today launched the second phase of its quantitative easing program, the so-called QE2, saying it will buy up to $600 billion more in long-term U.S. Treasury bonds to help stimulate a U.S. economy that’s gro…
Just about everyone expects the Federal Reserve to announce a bond-buying program with the goal of stimulating the economy. But not many observers think it’s a good idea — and the chorus of critics is only getting louder.
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In Asia on Tuesday, Hong Kong’s Hang Seng Index rose 0.1%, China’s Shanghai Composite inched down 0.3%. and in Japan, the Nikkei 225 crept up 0.1%. Investors are closely monitoring the U.S. midterm elections, with many predicti…
Drop the term QE2 and many people will think you are talking about the British monarch or a luxury ocean liner. But actually, it refers to the second stimulus plan that is about to hit our economy.
Continue reading Street Smart: Here Comes QE2, but Do You Know What It Means? [VIDEO]
Street Smart: Here Comes QE2, but Do You Know What It Means? [VIDEO] originally appeared on DailyFinance on Mon, 01 Nov 2010 17:00:00.
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