Monday, August 29, 2011

Roubini : QE3 Will Be Launched By Year End

Nouriel Roubini : QE3 will be launched by the year end, reason being that the US is heading for a recession and a liberal monetary policy is one of the few policy measures remaining with the Federal Reserve. According to him the likelihood of a double-dip recession is 50 percent. - in

1 comment:


After QE1 and QE2 there were short term improvement in the economy which was quite phenemonal but again after few months the economy started to decline. It did not give any permanent solution to the USA's problem. But would implementing QE3 help in giving some permanent solution to US economy or will lead to another crisis ahead?

Kunjan Kariya
IES MCRC, Mumbai

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