JPMorgan Chase: a new quantitative easing will not occur in the nearest future

JPMorgan Chase: U.S. quantitative easing will not be soon

In brief: JPMorgan Chase provides a new forecast of U.S. economic development.

According to Michael Ferol, chief economist at JPMorgan Chase in New York, the launch of the new Fed program to quantitative easing in the U.S. in the near future is unlikely. “From the minutes and the FOMC that, despite the likelihood of maintaining a high level of unemployment in the next two years, a further incentive, the economy may not be needed.

In our opinion, caution with which the members of the Committee on Open Market mentioned the possibility of providing additional incentives , said that such a scenario will become reality only if the economy goes into free fall. While this is clearly not happening, but positive results from the quantitative easing version 1.0 is not so obvious, “- says the expert.

Ukrainian Globalist
2010-07-18 12:08, Economics.

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