You are here

Fed's experiment produces precious little

Friday, October 31, 2014 - 05:50

USq311014.JPG
The Federal Reserve doesn't have a whole lot to show for its experiment in quantitative easing. Three rounds of bond purchases worth nearly US$4 trillion over six years ended with Wednesday's rate-setting committee statement.

THE Federal Reserve doesn't have a whole lot to show for its experiment in quantitative easing. Three rounds of bond purchases worth nearly US$4 trillion over six years ended with Wednesday's rate-setting committee statement. Despite the stimulus, US GDP growth has remained stuck at just over 2

Powered by GET.comGetCom