If the Federal Reserve is going to drop money from helicoprters again or hints the discount rate will stay low for the next few years, how does that affect the dollar? (Hint: it isn’t going to increase a lot in value.) See this article in the Wall Street Journal by Jonnelle Marte:
http://blogs.smartmoney.com/advice/2012/08/22/what-fed-action-would-mean-for-the-dollar/
The good news is companies will be able to borrow at low interest rates, the bad news is your savings will be earning didly. But it hopefully will help the economy and the stock market eventually.
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