Utahns weigh in on QE3

Utahns weigh in on QE3

By Steven Oberbeck The Salt Lake Tribune
Published Sep 13, 2012 10:41PM MDT
The Federal Reserve’s decision to loosen the monetary reigns by buying $40 billion a month in mortgage-backed securities in an effort to boost the economy was not greeted with overwhelming enthusiasm in Utah. Among financial advisers and academics contacted by The Tribune, there were as many doubters as believers in the program, popularly known as QE3: “Clearly Fed Chairman [(Ben] Bernanke is concerned about the economy and believes [QE3] is necessary. But a lot of economists are concerned t...
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