Federal Reserve Might Not Undertake QE3, And It Might Not Help If They Do

[THP]

With the economy growing at a snail's pace and the job market still disconcertingly weak, economists are wondering whether the Federal Reserve will undertake a new round of stimulus efforts to keep the country from slipping into a double-dip recession. Even if the Fed goes that route, however, it may not have much of an effect.Such a program would be known as QE3 -- a third session of quantitative easing, which the Fed has done twice before. "Quantitative easing" refers to the Fed buying up assets, particularly longer-term Treasury bonds, as a way of pumping more money into the economy and stimulating investment.More...

Huffington Post