Fastest under the Wed. moves to scale or with the former equal
 
The two reports also pointed out that since last month to discuss interest rates, Fed officials made ??it clear that the respondents, speeches and congressional testimony, can not accept the current economic situation, the "hawks" Even the Bureau officials also admitted that the dismal economic performance. Shearson Lats direction of discussion in the Council have been converted to the "how and when the action", announced the moves may be the fastest on Wed to discuss interest rates, but may continue to observe the economic and employment data until September decision. "
 
Shearson Lats pointed out that the Board is considering a number of measures, including the buy bonds, ie, QE3; extension of the near-zero interest rates until after 2014; or short-term interest rate pressure to lower levels. However, he noted that the Bureau is exploring other "unconventional measures", including the Discount Window in direct low-interest loans to banks last week, Fed Chairman Ben Bernanke mentioned.
 
The Fed's 2009 launch of the first round of the QE to buy $ 1.25 trillion of mortgage-backed securities, $ 300 billion national debt and "two rooms" bonds. The following year, the QE2 to buy 600 billion dollars in bonds. Shearson Lats means that the the QE3 scale may be equal to the previous two. "New York" claimed that Bernanke has admitted in the interest rate is very low, the demand for credit remains weak, QE effect is limited.
 
The reports accused of "new wine in old bottles" QE3 face of political controversy.
 
In fact, the contents of two reports are a new bottle old wine ", with CNBC reporter as a" mouthpiece "Lai Siman after U.S. stocks closed frankly, Shearson Rutter's article," no new ideas ".
 
If the Fed decided to launch QE3 will inevitably lead to political controversy. Bernanke last week to attend the hearing, the ruling Democratic lawmakers made ??it clear that hope that the Council action, the Republican Party believes that caution should be exercised. Bernanke has repeatedly reiterated that no matter how much political pressure, is facing and will try to take favorable action on the economy.



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