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Atlanta Fed President Lockhart says he backs QE at least into the second half of the year to...

Atlanta Fed President Lockhart says he backs QE at least into the second half of the year to help bring about an improved job market. “Given the outlook and associated risks," he says, "I am comfortable with sticking with the current approach at least into the second half.” Additionally, he notes that the U.S. economy is likely to grow about 2% in Q1 and 2.5% this year, supported by a recovery in housing and strength in the auto industry.
Comments (2)
  • What he didn't add is how much money he is making for constituents off this cheap money bonanza - despite the fact that it won't do much for jobs or real growth.
    25 Feb 2013, 07:31 PM Reply Like
  • What a surprise.
    25 Feb 2013, 08:00 PM Reply Like
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