bobbyw24
10-29-2011, 07:00 AM
The Federal Reserve may roll out more loose monetary policies, including a third round of quantitative easing, in an effort to keep the economy officially out of recession, a move that will mean more gains for stocks — but more inflation, says Robert Wiedemer, financial commentator and best-selling author of "Aftershock."
The Fed has already carried out two rounds of quantitative easing — asset purchases from banks that pump money into the economy and send stock prices rising — and officials at the U.S. Central Bank have hinted a third round may be needed to fuel growth and ultimately, more hiring.
Side effects of such moves include rising inflation pressures, which are already on the path to getting worse, Wiedemer told Newsmax.TV in an exclusive interview.
Read more: http://www.moneynews.com/Headline/Wiedemer-Easing-Stock-Market/2011/10/28/id/416128
The Fed has already carried out two rounds of quantitative easing — asset purchases from banks that pump money into the economy and send stock prices rising — and officials at the U.S. Central Bank have hinted a third round may be needed to fuel growth and ultimately, more hiring.
Side effects of such moves include rising inflation pressures, which are already on the path to getting worse, Wiedemer told Newsmax.TV in an exclusive interview.
Read more: http://www.moneynews.com/Headline/Wiedemer-Easing-Stock-Market/2011/10/28/id/416128