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QE3 won’t do ‘much at all’ for real estate: Citi Exec

Posted on 28 September 2012

The mortgage bond-buying spree the Federal Reserve is expected to embark upon won’t do “very much at all” to boost a housing market that only recently began to pull out of depression territory, a top Citigroup executive said Thursday.
Markets observers have debated whether the Fed’s quantitative easing, or QE3, will have a meaningful impact on a faltering U.S. economy………………………………………..Full Article: Source


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