View all newsletters
Have the short, sharp Spear's newsletter delivered to your inbox each week
  1. Wealth
November 1, 2010

Guardian: US to renew QE with $1tn

By Spear's

US central bank boss Ben Bernanke is expected push ahead this week with up to $1tn of quantitative easing to spur growth and cut unemployment.

US central bank boss Ben Bernanke is expected push ahead this week with up to $1tn of quantitative easing to spur growth and cut unemployment.

In a crucial week for the moribund US economy, the Federal Reserve chairman will override doubters and inject funds into the banking system to boost lending and improve the outlook for national income growth and jobs.

The meeting of the Fed is one of four crucial conventions of central banks taking place this week as the Bank of England, European Central Bank and Bank of Japan all meet to discuss ways to boost flagging economies.

The decision by the Fed will probably set the tone for the others and President Barack Obama, trapped by the refusal of Republicans to sanction a fiscal boost to the economy, will cheer any move by the Fed to pour billions into the economy just few days ahead of the Congressional mid-term elections.

To read the full story, visit guardian.co.uk

Content from our partners
Meet the females leading in the FTSE
A cut above: Charles Sanford on why HNW clients choose LGT Wealth Management
How the Thuso Group’s invaluable experience and expertise shaped the Spear’s Schools Index 2024

Select and enter your email address The short, sharp email newsletter from Spear’s
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network