» “Open-Ended” QE with Implications for the Stock Market and Asset Allocations Decision Economics

“Open-Ended” QE with Implications for the Stock Market and Asset Allocations

Posted October 22, 2012 by rvillareal

The recent shift in Federal Reserve monetary policy, which should be dubbed QE-“Open-Ended” or QE-“Unlimited” rather than QE3, represented a momentous change in the theory, approach, and application of United States monetary policy.  For this business cycle episode, the Federal Reserve has crossed a line into new territory, designed to accelerate economic growth, end the continuing sluggish and subpar pace of U.S. economic activity and to bring about a lower unemployment rate, faster, within the context of sustained and sustainable price stability.

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