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Home>QE and the Equity Market: Is the Fed Driving or Along For the Ride?

QE and the Equity Market: Is the Fed Driving or Along For the Ride?

Perspectives Content Submission

Wed, 3 Oct 2012

Federal Reserve officials have said several times that among other benefits, its quantitative easing (QE) programs have helped boost U.S. equity prices. Based on our analysis, QE has not been the driving force behind rising equity prices in recent years. We found that since 2009, corporate profits

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