Saturday, October 23, 2010

Who might vote for QE2 and what to expect

The blog Calculated Risk has posted a chart showing which members of the FOMC it expects to vote for the second round of Quantitative Easing or QE2. According to the chart, it looks like it will happen. Paul Krugman has a description of QE2 that puts the policy action in perspective and is not too optimistic.

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