TITLE

Merrill Lynch's O'Neill: Fed not about to launch QE3

AUTHOR(S)
Jackson, Gary
PUB. DATE
September 2012
SOURCE
Fundweb;9/4/2012, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article informs that Bill O'Neill, Chief Investment Officer (CEO) of Merrill Lynch Wealth Management, believes that the U.S. Federal Reserve Board would delay in embarking on a third bout of quantitative easing (QE). It is evident that Fed chairman Ben Bernanke had announced last week that unconventional monetary policy such as QE is effective in bringing down long-term rates and supporting economic recovery.
ACCESSION #
79850833

 

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