Most of Wall Street now feels that QE3 is a given, but there are quite a few who think that...
Most of Wall Street now feels that QE3 is a given, but there are quite a few who think that maybe the countdown will be placed on hold until later this year. "I am not convinced they are ready for it,” says Nomura Chief Economist Lewis Alexander. Not only that, but he doesn’t think the recent economic data, including the jobs data, “demand” the Fed act on Thursday. “The economy is growing slowly," he says "but it is not slowing down.”
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