The announcement last Wednesday, of coordinated action by the Fed, ECB and other central banks to boost global dollar liquidity, will presumably have increased speculation that the Fed could take further action to boost the domestic economy. We doubt that the Fed is now going to announce a third round of quantitative easing as soon as the next FOMC meeting on 13th December, although we do anticipate that it will resume large-scale asset purchases in the first half of next year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services