Quantitative Easing

quantitative easing: Traders will see the latest reading on the health of the U.S. manufacturing and service sectors, the latest regional economic survey from the Fed and the May employment data for both the U.S. and Canada, according to Times Colonist. Under its third round of quantitative easing, or QE3, the Fed currently spends US$85 billion a month on Treasurys and mortgage-backed securities to keep interest rates low and encourage lending and TORONTO - Traders will be looking at a slew of top-drawer economic data this week from two standpoints: how the U.S. economic recovery is coming along and whether conditions warrant an easing of stimulus measures by the U.S. Federal Reserve. The TSX and New York indexes lost ground last week as investors weighed the chances that the U.S. central bank will start to let up on its bond purchases. The Toronto market fell 23 points while the Dow industrials gave back 188 points or 1.22 per cent as cracks started to show up in a rally that has gone on practically non-stop since late last year. (www.immigrantscanada.com). As reported in the news.