What is “Quantitative Easing,” and Why Should We Care?

Economy

Published: October 24, 2010 6:43 pm

Last Updated: October 24, 2010 6:45 pm

Retirees are struggling right now because investment returns are so low that their pensions and IRAs are not producing enough interest income to meet their expenses. Stock prices are where they were 10 years ago, and corporate bond rates average 3-4% (with U.S. Treasury rates even lower). Quantitative Easing may make this worse.

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