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Fed Seen Starting QE3 as It Extends Zero-Rate Forecast: Economy
San Francisco Chronicle Sept. 12 (Bloomberg) — The Federal Reserve is likely to announce a third round of bond purchases tomorrow, according to almost two-thirds of economists in a Bloomberg survey, while also extending the duration of its zero-interest-rate policy into 2015. Skeptics: QE III No Panacea for Stumbling Economy Federal Reserve expected to take bold step to invigorate U.S. economy Fed Can Do Little to Boost Sagging Economy |