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Gabriel F. Burczyk > As Long As Small Business Refuses To Play, It's Just Pushing On A String - Federated
Gabriel F. Burczyk
The Fed this week unveiled "QE2 lite"- a new quantitative-easing tool. But it's not clear how much rolling over maturing mortgage-backed security debt into Treasuries can help. As Dallas Fed Senior Economist Thomas Siems said in The Wall Street Journal, "It's not a lack of liquidity that's holding back our economy. Investors and business leaders are waiting to learn more about future taxes and regulations."
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