The Fed is no longer looking for data to justify further easing, says CNBC's John Carney. That...

|By:, SA News Editor

The Fed is no longer looking for data to justify further easing, says CNBC's John Carney. That was the story last spring, and its the same now. All the Fed is doing now is checking the data to see if it undermines the already established case for further monetary accommodation. Grudgingly, he admits, Wall Street may be right, we can expect a new round of quantitative easing come this Thursday.