CNBC has done a survey on the likelihood of QE.
Some key takeaways:
A full 90 percent of the 58 money managers, strategists and economists who responded to the September survey think the Fed will announced a new program of quantitative easing in the next 12 months.
Of those who think QE is coming, 77 percent believe it will be launched at the current meeting, which ends Thursday, and 86 percent think the Fed will purchase a mix of Treasuries and mortgage-backed securities.
Just 36 percent of respondents think QE will help lower the unemployment rate with 60 percent saying it won’t.
Click here for the full survey report – Link
Via – CNBC
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.