Tags: fed | easing | cnbc

Survey: Major Fed Easing Virtually Certain

Monday, 01 Nov 2010 11:46 AM

A new poll of economists and fixed-income and equity-fund managers by financial news channel CNBC shows most expect the Federal Reserve to issue considerable "substantial" money in its latest round of easing.

The Fed meets starting Tuesday and will announce on Wednesday at 2:15 p.m. its long-telegraphed new easing plans, known as "QE2."

According to CNBC's Senior Economics Report Steve Liesman:

Market participants are virtually certain that the Federal Reserve will announce a substantial amount of asset purchases at the conclusion of its November meeting on Wednesday, according to the latest CNBC Fed Survey.
 
On average, market participants look for the Fed to announce $457 billion in asset purchases, down from the $490 billion estimated in mid-October.
 
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A new poll of economists and fixed-income and equity-fund managers by financial news channel CNBC shows most expect the Federal Reserve to issue considerable substantial money in its latest round of easing. The Fed meets starting Tuesday and will announce on Wednesday at...
fed,easing,cnbc
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2010-46-01
Monday, 01 Nov 2010 11:46 AM
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