With the economy growing at a snail's pace (http://www.huffingtonpost.com/2011/07/29/gdp-recovery_n_913609.html) and the job market still disconcertingly weak (http://www.huffingtonpost.com/2011/08/12/low-labor-force-participation-jobs-crisis-worse_n_925309.html), economists are wondering whether the Federal Reserve will undertake a new round of stimulus efforts to keep the country from slipping into a double-dip recession. Even if the Fed goes that route, however, it may not have much of an effect.Such a program would be known as QE3 -- a third session of quantitative easing, which the Fed has done twice before. "Quantitative easing" refers to the Fed buying up assets, particularly longer-term Treasury bonds, as a way of pumping more money into the economy and stimulating investment.More... (http://www.huffingtonpost.com/2011/08/13/qe3-federal-reserve_n_925985.html)
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