Federal Reserve System: Is The US Economy Really Ready For The End Of QE?

Now that the Federal Reserve has closed the chapter on quantitative easing, what comes next for the U.S. economy? The narrative, according to the Fed, is that its five-year asset-purchasing program helped the U.S. avoid further economic catastrophe in the aftermath of the 2008 financial crisis. But as the third phase of the Fed's effort, or "QE3," comes to an end, many economists fear the U.S.