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FOMC Member Says QE2 Benefits Outweighs Downsides

Monday, November 8, 2010 - 6:04 PM
One of the voting FOMC members, James Bullard, president of the St. Louis Federal Reserve Bank, made the case today that QE2 is worth the risk. From
Bullard said worries that the Fed's policy could create high inflation down the road were "legitimate and important," but the disinflationary trend "is worrisome right now."

Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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1. Monday, November 8, 2010 - 6:12 PM
And another, Kevin Warsh, who is particularly close to Bernanke, today said he doubts QE2 will work and says it has "significant risks":

Fed Official Raises Doubts Over Bond-Purchase Plan - ABC News
me1004me1004373 posts since
Jan 16, 2010
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