Federal Reserve has been trying hard to grasp people’s attention over the much hyped and aggressive easing plan via speeches and other mechanisms. Some economists are going positive while others are expressing doubts over the anticipated stimulus, discussed since the month of September, 2012. Market analysts are also skeptic over the Fed’s plan to improve unemployment situation and overall economic indicators and showing serious concerns towards Fed’s post quantitative easing credibility.

Fed’s launch of quantitative easing in the form of buying back of mortgaged backed securities amounting $40 billion a month have been viewed in two distinctive manners: the first important factor is that, the stimulus program is open ended, i.e., expected to continue till the economic situation improves and the second factor is correlated with the labor market conditions, improvement in employment sector. For the sake of the intended easing program, Ben Bernanke, chairman of Federal Reserve is believed to have worked behind the scenes and coordinated the Fed team for the approval of QE3.  

As the Fed for the time being is truly focused on easing premise, the interest rate revision regime is expected to be pushed to the mid of the year 2015. This seriously shows the Fed’s concern and trust on QE3, opine market analysts and economists from all around the world. It is palpable that the Fed is positive about the stimulus plan, thus, it is found to have desperately endeavoring to convince the market about the positive implications of Fed’s monetary plan and its impact to the overall economy.