Tuesday, February 08, 2011

FED TO RETHINK QE 2?

Fed's Lacker: Economic Recovery Suggests Need To Re-Think QE2
3 minutes ago

"(RTTNews) - Recent improvement in the United States economy demands a second look at the Federal Reserve's controversial bond buying program, a voting member of the central bank's policy making board said Tuesday.

Inflation is capable of accelerating, even if the level of economic activity has not yet returned to pre-recession levels, according Richmond Fed President Jeffrey Lacker."

No comments: