2013-04-26 — moneynews.com
The Federal Reserve is throwing away the benefits of quantitative easing (QE) because government regulations are blunting the impact of the Fed's ultra-loose monetary policies, according to Christopher Whalen, executive vice president and managing director of Carrington Investment Services.
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"When you look at all the constraints on banks in terms of lending, it's just not being effective in terms of growing jobs, and the key thing is that even with say housing up 10 percent last year, there's no credit growth," said Whalen, editor of the weekly Institutional Rate Analyst.
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