Wednesday, October 20, 2010

Speakers ФРС have confirmed necessity to expand QE

Six representatives ФРС were on communication yesterday, giving us a wide choice of opinions on economy and the monetary policy, and in the bulk they have supported the point of view about necessity QE.

Managing director ФРБ of New York costs to Dudley on belief of fortnight prescription that the rate of unemployment is very high and it is necessary to expand QE. Evans from ФРБ Chicago has repeated the statements that the USA the liquidity trap threatens, and that is necessary scale QE to reach desirable result. President ФРБ of Atlanta Lokhard has presented a position, speaking about additional QE on $100 million a month.

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