Does QE3 Matter to You or the Economy?

On September 13, Federal Reserve Chairman Ben Bernanke announced that the Fed would undertake a new program to stimulate the U.S. economy–and the move was immediately dubbed “QE3” by pundits and columnists. But what, exactly, is it, and how is QE3 likely to affect you and the rest of us? “QE,” stands for “quantitative easing,” […]