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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 CNBC.com:
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."

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Ken TuminKen Tumin5,469 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
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me1004me1004370 posts since
Jan 16, 2010
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