Q: Why did Federal Reserve Chairman Ben Bernanke
launch a third round of bond buying known as quantitative easing, or QE3, last week?
:美联储(Federal Reserve)主席贝南克(Ben Bernanke)上周推出第三轮被称做"量化宽松"或QE3的债券购买计划。这是为什么?
A:Because the stock market told him to. How else can he keep the Dow Jones Industrial Average above 13000? Companies are
warning of slower
earnings growth.
答:因为股市要他这么做。不然他怎么让道琼斯工业股票平均价格指数稳定在13000点以上呢?公司都在发出利润增长减速的预警了。
Q: How big is QE3? A: $40
billion a month