The QE3 door is not completely closed
Beijing on Thursday (June 21) morning, the Federal Open Market Committee (FOMC) announced a June interest rate decision, would distort the operation (OT) extended to the end of the year, the amount of $ 267 billion." /> Distort the operation intends to extend to the end of the Federal Reserve ammunition power decreasing - Financial Freedom - Finances/Money - Article - unite Directory-Free of the excellent site collected by artificially editor. Website directory, and provides site classification catalogues retrieval, is the webmaster free promotional powerful platform website.
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Distort the operation intends to extend to the end of the Federal Reserve ammunition power decreasing

:2012-06-25 22:06:18Source::UniteDirectory  [Submit Article]  [Submit Link]

  Ben Bernanke, letting the mobility of "drug addicts" disappointed! In this week's Fed policy meeting, Bernanke did not schedule announced the third round of quantitative easing (QE3). Instead, the Fed intends to distort the operation (OT) to extend the period to the end of the year, and expressed its readiness to take further action if necessary.
The QE3 door is not completely closed
Beijing on Thursday (June 21) morning, the Federal Open Market Committee (FOMC) announced a June interest rate decision, would distort the operation (OT) extended to the end of the year, the amount of $ 267 billion. While maintaining the federal funds rate unchanged at 0 to 0.25% range, near zero and reiterated that it will maintain at least until the end of 2014.
Nearly 500-word press release, the Fed can not find any wording on QE3, but at the end of the full text of the Federal Reserve, but rarely stressed: "We have been ready for the right time to take further action."
Loose tendency more prominent in the subsequent press conference. Bernanke, in addition to repeatedly stressed at the press conference "we are able to do more," we are ready "to reduce the unemployment rate is too slow", "The Fed still has ammunition, etc., for the first time referred to" the Fed The recovery is too optimistic, "speech revealed a strong neutral to slightly negative signal to the market.
The investment strategy of LPLFinancial the division JohnCanally pointed out that "These are strong words, you can be understood as if the poor economic reports, or European tense again, the Fed is ready to go." Obviously, in response to the recovery of heavy difficulties, the Fed did on QE3 door.
Reporter compared the two in April and June FOMC statement found that the steep rise in the Fed's economic fears. The Federal Reserve in the middle of 2012 real GDP growth rate trend is expected to be 1.9% to 2.4%, significantly lower than expected in April from 2.4% to 2.9%, expected 2013 economic growth rate of 2.2% to 2.8% less than 2.7% in April to 3.1 percent, while the 2014 economic growth forecast from 3.1% to 3.6% dropped slightly to 3.0% to 3.5%.
Brokerage strategy researcher told the "Daily Economic News" reporter, the implementation of the OT operation to the end of the year, on the one hand consider the impact of operating the total size of the monthly implementation, on the other hand taking into account the 2013 or matters: financial cliff . If a financial cliff next year, then the Fed may choose to implement large-scale easing after the expiration of the OT. Therefore, QE3, especially the write-off version of QE3 not be excluded. <>

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