As it was informed by "Market Leader (US)"
Dollar rate is waiting for another stage of QE
Forex news, dollar rate. US Federal Reserve System is ready to buy mortgage bonds in order to stimulate economy. 16 out of 21 dealers questioned by Bloomberg suppose that the QE program will start already during the 1st quarter of 2012, and its size will amount to $545 bln.
Residential property market keeps having a negative impact on the development of American economy. The average cost of residential property at secondary market has dropped by 5% in comparison to last year.