Graphic Source: CNNMoney By Ilene (Guest Post)
Adapted from Phil’s Stock World: While world markets sell off, and President Obama and Congress wrangle over some form of job-creating legislation, the Federal Reserve is busy with its own problems as it attempts to deal with stubbornly high and persistent unemployment. Expectations for additional quantitative easing (QE) are running very high, but there is the possibility that the Fed may undertake a different kind of QE program, designed to provide stimulus without actually putting more money into the system. One widely discussed possibility…
***This is a preview. Please click on the post title or go to http://www.econmatters.com for full content. ****
