QE2 to hurt funding levels in the short run - UPDATED

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US - The funding pressures felt by US plan sponsors as a result of low interest rates will likely continue until at least late 2011 on the back of the next round of quantitative easing, Mercer said.

The US Federal Reserve has committed to buying $600bn of treasuries over the next nine months. This next round of quantitative easing, or QE2, is likely to hamper the funding levels of defined bene...

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