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QE3 on the way

http://www.marketwatch.com/story/fed-flexibility-key-with-high-oil-lockhart-says-2011-03-07?siteid=bigcharts&dist=bigcharts

The Fed

March 7, 2011, 12:41 p.m. EST
Fed must be flexible given oil prices, Lockhart says
Dallas Fed chief says prices could go even higher

By Greg Robb, MarketWatch

WASHINGTON (MarketWatch) — The Federal Reserve may want to consider a
third round of bond purchases if an oil shock materializes, a central
bank official said Monday.

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Categories: Uncategorized
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