-
Lockhart: Conditions Not Right Now for QE3 But Can’t Rule Out
Given the “slow recovery” in the U.S. economy, the Federal Reserve should make “continued measured efforts” to spur GDP and employment growth, but for now these should be confined to using Fed “communication” tools to reassure markets that interest rates will stay low, Atlanta Federal Reserve Bank President Dennis Lockhart said Monday. A third round of large-scale asset purchases or “quantitative easing” cannot be ruled out, given the “larger than normal risks” posed by the European debt crisis, but QE3 is not appropriate in current circumstances, Lockhart said in Tokyo. But Lockhart, a voting ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- May 21, 2012 5:24am May 21, 2012 5:24am
- alfaris
- | Joined May 2012 | Status: Junior Member | 7 Comments
- Comment #2
- Quote
- May 21, 2012 5:47am May 21, 2012 5:47am
- ssshhhh
- | Joined Sep 2011 | Status: Member | 465 Comments
- Comment #3
- Quote
- May 21, 2012 6:22am May 21, 2012 6:22am
- moaf
- | Joined Jan 2012 | Status: Mother Of All Forex | 910 Comments
- Comment #4
- Quote
- May 21, 2012 6:29am May 21, 2012 6:29am
- ssshhhh
- | Joined Sep 2011 | Status: Member | 465 Comments
- Comment #5
- Quote
- May 21, 2012 6:50am May 21, 2012 6:50am
- moaf
- | Joined Jan 2012 | Status: Mother Of All Forex | 910 Comments
- Comment #6
- Quote
- May 21, 2012 6:58am May 21, 2012 6:58am
- ssshhhh
- | Joined Sep 2011 | Status: Member | 465 Comments
- Comment #7
- Quote
- May 21, 2012 7:29am May 21, 2012 7:29am
- Guest
- | IP XX.XX.25.34
- Comment #8
- Quote
- May 21, 2012 9:28am May 21, 2012 9:28am
- Guest
- | IP XXX.XXX.87.99