Nine Questions About the Fed’s New QE Answered
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Sept. 25 (Bloomberg) -- The Federal Reserve has announced athird round of quantitative easing, a set of asset purchasesdesigned to increase the money supply. It said it would keepeasing until job growth accelerates, and continue a “highlyaccommodative” monetary policy “for a considerable time afterthe economic recovery strengthens.”
Stocks jumped on the news, but conservatives gave it a muchmore hostile reception. For those trying to make up their minds,here are a few questions one often hears about what the Fed isdoing, along with my answers: