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With The End Of Fed's QE In Sight, U.S. Public Says 'Huh?'

Tuesday, September 17, 2013 - 7:27 PM
From finance.yahoo

     "A poll leading up to the Fed's pivotal decision, expected Wednesday
      afternoon, found just 27 percent of U.S. adults could pick the correct
      definition of quantitative easing from among five possible answers.

      Twelve percent of respondents thought QE was a computer-assisted
      program that the Fed uses to manipulate the dollar. Another 11 percent
      thought it was part of the Dodd-Frank Wall Street reform legislation
      enacted following the crisis.

      . . .the fact that 73 percent of respondents cannot define the critical
      program suggests the Fed has a serious communications challenge.

Read more:
3
cumuluscumulus335 posts since
Jan 16, 2010
Rep Points: 1,571
1. Tuesday, September 17, 2013 - 7:41 PM
Why should the Federal Reserve care what the general public thinks about their decisions? As long as the markets perceive 'no harm done' that's the important point to get across. 
2
ShorebreakShorebreak2,613 posts since
Apr 6, 2010
Rep Points: 14,167
2. Tuesday, September 17, 2013 - 8:31 PM
The more people that understand the actions of the Fed and the
influences it has on their lives, the better off we all are.
Surveys such as this make you realize what an uphill fight critics
of the Fed face.
3
cumuluscumulus335 posts since
Jan 16, 2010
Rep Points: 1,571
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