What Impact Will QE3 Have on the U.S. Economy and Will it Work?

Name: What Impact Will QE3 Have on the U.S. Economy and Will it Work?
Uploaded: 2012-09-14T02:54:14+00:00
Duration: 1 min 49 s
Channel: IBTimes
Description: 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.

IBTimes

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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