The problem with not doing it is they went out of their way to
hint they would do it in their Sept meeting. The market is
pricing at least $500B QE at some point after the election and now
since the minutes, perhaps even $1T. If they
don't follow through, all the front runners will have to bail and
that will surely tank the market, which at this point
must be a huge concern.
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The problem with not doing
QE2
Posted by steever on 12th of Oct 2010 at 03:54 pm
The problem with not doing it is they went out of their way to hint they would do it in their Sept meeting. The market is pricing at least $500B QE at some point after the election and now since the minutes, perhaps even $1T. If they don't follow through, all the front runners will have to bail and that will surely tank the market, which at this point must be a huge concern.