Blog With Tag ultra-low inflation
They think it’s all over…..well it is now for Quantative Easing in the US! In one of the biggest experiments ever in monetary policy management, the Federal Reserve has confirmed an end to its bond buying programme. On the face of it, this has been an undoubted success in saving the financial system from meltdown and giving corporate America time to recover and create new jobs. With unemployment dropping to 5.9% and the GDP for Q3 growing at more than 3%, its mission accomplished, so far. That said, the markets have changed their tune recently and investors interest rate rise expectations have moved out from Q2 to Q3 as the global economic outlook deteriorates, oil prices fall further and inflation is predicted to reduce in the coming months.
PegasusCapital - Mon 3rd Nov