Saturday, June 18, 2011

Roubini : Good Chance of QE3 by year-end

The probability of QE3 will become "significantly higher" if US economic weakness persists and the stock markets correct 10 percent or more.
"Especially because we cannot do another round of fiscal stimulus, the pressure is going to be on the only policy that is available,  which is another round of quantitative easing," Nouriel Roubini told CNBC recently

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