What Impact Will QE3 Have on the U.S. Economy and Will it Work?
IBTimes
2012-09-14
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Federal Reserve Chairman Ben S. Bernanke and the Federal Open Market Committee announced Thursday that the Fed would engage in a third round of bond purchases to stimulate the U.S. economy, but the new round of quantitative easing -- aka QE3 -- will have no effect on the corporate earnings reports to be delivered this week.
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