QE3 isn't likely, Fed's Lockhart says, adding that the Fed "will set a high bar" to adding to...

|By:, SA News Editor

QE3 isn't likely, Fed's Lockhart says, adding that the Fed "will set a high bar" to adding to its already bloated balance sheet. On the debt ceiling, Lockhart said Congress and the White House shouldn't "play chicken" with capital markets.