(CNBC) – The era of quantitative easing-a process by which central banks buy assets such as government bonds to inject funds in the markets-may be coming to an end, according to a survey of fund managers.
According to a March survey by Bank of America Merrill Lynch (NYSE: BAC – News), investors are more upbeat about the future and the prospects for growth and they no longer expect further quantitative easing measures to be taken by the Federal Reserve or the European Central Bank .