To QE (3) or not to QE (infinity)….

Posted on 08/03/2011

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…….that is the question. Donald Kohn tries to give you an answer.

Expect CONSIDERABLE interest around the FOMC statement next week (8/9) after their meeting. Also, keep in mind that the annual Jackson Hole symposium is later this month and, in a serious case of déjà vu, it may become the launching pad for the next round of easing.

http://blogs.wsj.com/economics/2011/08/03/former-top-fed-officials-signal-support-for-qe3-if-inflation-slows/

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