Caixin Online: The emerging headache of QE3: Andy Xie

Caixin Online: The emerging headache of QE3: Andy Xie

Beijing : China | Sep 25, 2012 at 10:48 PM PDT
Source: MarketWatch
Views: Pending
The Fed has promised to purchase $40 billion worth of mortgage-backed securities (MBS) per month until it is satisfied with the economy...Its own analysis doesn't expect the unemployment rate to fall below 7% in two years. That suggests that QE3 will last for over two years, and the total amount of MBS... FULL ARTICLE AT MarketWatch
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