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Fishkind Commentary: Fed's QE3 Will Boost Florida Housing Market

September 18, 2012 | WMFE - The Federal Reserve announced late last week that it will purchase $40 billion dollars per month worth of mortgage backed securities.

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The 3rd round of "Quantitative Easing", or "QE3", is intended to stimulate the economy and bring down the unemployment rate.

Some critics are calling the move politically motivated and short-sighted but economic analyst Hank Fishkind tells 90.7’s Tom Parkinson that the Fed’s actions will have a positive impact on Central Florida’s economy. 

 

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