Struck down by a covert QE

As US Fed minutes dampen investor hopes of QE3, unofficial 'easing' programs are hurting American living standards, Hoisington's Lacy Hunt has warned.

Global sharemarkets were hit hard overnight as investors began to lose confidence that the US central bank would soon embark on another bout of bond buying in an attempt to spur economic activity.

Minutes from the March 13 meeting of the US Fed’s policymaking committee, which were released overnight, appeared to indicate that the US central bank had no plans to launch a new bond buying program – known as quantitative easing.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles