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Evidence puts QE3 in positive light, for now

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Fears of market distortion inflicted by the Federal Reserve’s third round of quantitative easing are being soothed by solid performances in the housing market, Bloomberg reported. Home prices have risen in the second quarter by the greatest amount in more than six years, following stimulus from the Fed, according to the S&P/Case-Shiller index. And that growth should continue, lifting home prices by an additional 2 percent in the same period in 2013, assuming the Fed maintains [more]



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