Kiss QE3 Hopes Goodbye. And Good Riddance!

From CNNMoney.com's The Buzz

The strong January jobs report may finally put a nail in the QE3 coffin.
[...]
And some experts said the market should even re-evaluate whether the Fed still needs to leave rates so low for another two years in light of the recent data

It's important to note that this is just speculation. The article also mentioned another possibility:

If today's job euphoria turns into despair later this year, the Fed may still need to resurrect the notion of QE3 after all.