10 Oct, 2011
Opinion: Is 3rd round of Quantitative Easing coming? – People’s Daily Online
The U.S. Federal Reserve had a meeting in Washington in August when officials of the International Monetary Fund and the World Bank were also having meetings there. The whole world turned their eyes to whether the Fed chairman Ben Bernanke would announce a decision about initiating the third round of Quantitative Easing monetary policy.
The American stock market fell after Bernanke said nothing about the monetary easing measure. Fortunately, he added that there would probably be more tools to utilize to help the poor economic performance of the United States. His words led to another round of stock rebound at Wall Street. The Fed needs to hold a lot of meetings in the future, and whether and when the third round of quantitative easing will be introduced has become an important subject touching nerves of tens of millions of investors.
via Opinion: Is 3rd round of Quantitative Easing coming? – People’s Daily Online.
Loading ...
Liked this article? Share it!