Wiedemer: Further Fed Easing Won’t Prevent US Recession (video)

“The Federal Reserve will probably move to stimulate the economy via easing measures this year, though such policy tools can’t guarantee that the country won’t slide into recession, says Robert Wiedemer, financial commentator and best-selling author of “Aftershock.”

U.S. recovery remains tepid, with consumer confidence waning, personal spending flat and job creation minimal, prompting talk the Federal Reserve will roll out a fresh round of bond buybacks from banks, a stimulus took known as quantitative easing (QE).”

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