The Federal Reserve has unleashed a third round of quantitative easing to support the US economy following a wave of poor data and a weakening labour market.
The Federal Open Market Committee has agreed to an open-ended QE programme which will see it buy additional mortgage-backed securities at a rate of $40bn per month. The new purchases combined wi...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date