Singapore Stock Market News
Bernanke confirms more easing
StockFanatic
Publish date: Fri, 14 Sep 2012, 10:34 AM
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
The Fed's latest dose of "monetary medicine" is no surprise to us and
the market. The Fed has initiated the third round of QE (bond
purchases of US$40bn per month), as well as extended its low-rate
pledge from at least "late-2014" to at least "mid-2015". With this latest
monetary punch, the pressure is piling up on lawmakers to strike a
deal to prevent the "fiscal cliff". Uncertainties over the tax policy,
government spending and the future of regulations are the real
impediments to faster economic growth.
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