The run of unexpectedly poor economic data has inevitably led to speculation that the Fed could be forced to adopt QE3. However, there are three reasons why we doubt that the Fed would be willing to countenance a new programme of large-scale asset purchases, at least not this 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