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Keith Springer President of Springer Financial Advisors in Sacramento...
Keith Springer President of Springer Financial Advisors in Sacramento California Quoted in CNN Money
June 24, 2011 Finance news in Sacramento,California, United States of America
Keith Springer provide analysis on the Fed’s decision to end quantitative easing, in the CNN Money article: Fed gloomier about the economy.
FOR IMMEDIATE RELEASE
Sacramento,
California,
United States of America
(Free-Press-Release.com) June 24, 2011 --
SACRAMENTO, Calif. June 24, 2011 – Keith Springer provide analysis on the Fed’s decision to end quantitative easing.
According to Chris Isidore, reporter for the CNN Money says, “quantitative easing or QE2 for short, it was designed to keep interest rates low. But the controversial program is widely believed to have been of limited help to the economy. Some also argue that QE2 has contributed to the weakening of the dollar and an unwelcome rise in commodity prices, particularly oil.”
“Nonetheless, the Fed could be forced to come up with another round of quantitative easing later in the year if it doesn't get the rebound in growth it is looking for,” said Keith Springer, president of Springer Financial Advisors and author of Facing Goliath: How to Triumph in the Dangerous Market Ahead, in Sacramento, CA.
"They're afraid to come out with a QE3, even though they know we'll need one," he said. "I think they feel like they'll have egg on their face. But they didn't do QE1 and QE2 to let the economy die now."
To view more print and TV media interviews with Keith, visit http://www.KeithSpringer.com and click the “in the news” link, email Keith@KeithSpringer.com or call (916) 925-8900. In addition to his work as an expert financial advisor, Keith provides customized mortgages and consulting for homeowners. This information can be found at http://www.KeithSpringerLoans.com.
CNN MOney economy keith springer qe2 quantitative easing Springer Financial Advisors stock market the fed
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