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Fishkind Commentary: Fed's QE3 Will Boost Florida Housing Market September 18, 2012 | WMFE - The Federal Reserve announced late last week that it will purchase $40 billion dollars per month worth of mortgage backed securities.
The 3rd round of "Quantitative Easing", or "QE3", is intended to stimulate the economy and bring down the unemployment rate. Some critics are calling the move politically motivated and short-sighted but economic analyst Hank Fishkind tells 90.7’s Tom Parkinson that the Fed’s actions will have a positive impact on Central Florida’s economy. |
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