NEW YORK ( TheStreet) -- The Federal Reserve is expected to complete its Treasury-buying program by the end of the second quarter. The quantitative-easing program, dubbed QE2, aimed to keep a bid under long-term Treasuries with the intent of keeping interest rates low and stimulating the economy.
posed to executives this week is what impact the conclusion of QE2 will have on the economy and business.
(SYMC - Get Report)
|Symantec CFO James Beer
CFO James Beer does not foresee any immediate upheaval following the end of QE2. "It's no secret that quantitative easing is going to be phased out," he told
, during an interview at the company's annual
in New York this week. "I am comfortable that the market has started to already price that in."
"I think that the impact will be gradual," he added. "We're comfortable, for our business, as we think about planning our business, [that] we will continue to be able to grow in the coming fiscal year."
The software maker enjoyed good top-line numbers during its
fiscal fourth quarter
earlier this month, continuing its recent run of strong results. Symantec is also one of
hot tech security stocks
Wolters Kluwer Health Clinical Solutions
|Arvind Subramanian, CEO of Wolters Kluwer Health Clinical Solutions
CEO Arvind Subramanian: "I think that, from my perspective, it will ease the pressure on general consumer pricing, because less inflation is a good thing," he told
The CEO, whose company provides specialized IT services for the health care industry, says that the Fed's decision to end QE2 will certainly be felt in the broader economy.
(SWFT - Get Report)
CEO Jerry Moyes: "Slight increases in the interest rates aren't going to hurt us too badly. The main question is how is it going to affect the economy. I think we're going to have some pretty good momentum going into third and fourth quarter, so hopefully it will not have a major effect."
CEO Larry Goldenhersh: "We've had a steady influx of customers since 2001, so we've seen the boom, the bottom and the recovery," said the founder of the private environmental software firm in Carlsbad, Calif. "We don't expect our business to be affected by the end of QE2."
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