Hey wise guys - do more of the same that didn't work the last 2 or 200 times and expect different results, yup - this ain't insanity, this is 21st century wisdom!
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Another round of quantitative easing could be right around the corner: upon concluding the latest meeting of the US Federal Reserve, some of the central bank’s top figures forecast that they may need to implement QE3.
Citing a continuously stagnant jobs report and a seemingly perpetually perturbed international economy, members of the Fed say that a third run of quantitative easing — yet another round of bond purchasing — could be in the cards for the country’s central bank. The Fed is unlikely to formally make a decision either way until there next meeting wraps up on August 1, but some members of the bank are announcing on the heels of their latest get together that the option is still on the table. Last week, Federal Reserve Chairman Ben Bernanke said to the US Congress, “We are looking very carefully at the economy, trying to judge…whether or not the economy is likely to continue to make progress towards lower unemployment.” If a positive outlook didn’t appear in the cards, warned Bernanke, the bank would “obviously…have to consider additional steps.” Read More
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26.01, 23:16
The central bank of the United States believes that America is still a ways from economic recovery, which could soon prompt the Federal Reserve to announce a new round of quantitative easing, or QE3.
14.01, 03:53
A third round of quantitative easing (QE3) is coming from the Fed. The Eurozone as we know it is close to collapse — and there isn’t all that much that central banks or governments can do about it.
22.09.2011, 00:00
All eyes are turning towards Ben Bernanke today as the Federal Reserve offers up its plan that many are hoping will save the American economy from worsening.
04.10.2011, 22:46
In a testimony before Congress today, Federal Reserve Chairman gave his latest opinion on the American economy, and to the head of the Fed, things still aren’t looking too good.
28.11.2011, 20:24
We knew the last bailout from the Federal Reserve was pretty big, but not until now did we have statistics on the actually tally. If you thought that the $700 billion bailout for TARP was big, get a load of this.
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