Fed Prints Money to Save Economy?
If we do not see substantial improvement in the outlook for the economy & Labor Market Federal Reserve Chair Ben Bernanke said recently we will continue the repurchase program announcing yet another round of Federal Reserve efforts to jump-start the sluggish U.S. economy. Liz Wahl is joined RTAmericas Capital Account Reporter Lauren Lyster to discuss the Fed Chairmans announcement and whats behind the pre-November Election move.
The Federal Reserve announced its QE3 or Quantitative Easing Round 3 to help stimulate the economy. The plan is to buy $40 billion dollars of mortgage bonds each month until further notice in the hopes that it will bolster the economy and generate jobs.
RTs Lauren Lyster brings us her take on whether or not this method has worked in the past or will work in the future.
Follow Liz @LizWahl and Lauren @LaurenLyster.
Fed Prints Money to Save Economy?
If we do not see substantial improvement in the outlook for the economy & Labor Market Federal Reserve Chair Ben Bernanke said recently we will continue the repurchase program announcing yet another round of Federal Reserve efforts to jump-start the sluggish U.S. economy. Liz Wahl is joined RTAmericas Capital Account Reporter Lauren Lyster to discuss the Fed Chairmans announcement and whats behind the pre-November Election move.
The Federal Reserve announced its QE3 or Quantitative Easing Round 3 to help stimulate the economy. The plan is to buy $40 billion dollars of mortgage bonds each month until further notice in the hopes that it will bolster the economy and generate jobs.
RTs Lauren Lyster brings us her take on whether or not this method has worked in the past or will work in the future.
Follow Liz @LizWahl and Lauren @LaurenLyster.
