As it was informed by "Market Leader (US)"
QE2 is over, but US FRS is ready to ease monetary policy again – will there be QE3?
US news. US Federal Reserve System has finished the program of 600 billion dollars US Treasuries purchase, which is referred to in press as the second round of “quantitative easing” (QE2).
FRS is currently ready to take steps to ease monetary policy further if the slow rate of US economy growth remains, and inflation risks get weaker. This was announced by the FRS Chairman Ben Bernanke in a semiannual report before the Committee of Financial Services of US House of Representatives. "The possibility remains that the recent economic weakness may prove more persistent than expected and the deflationary risks might reemerge, implying a need for additional policy support," said B. Bernanke in his statement, published by the Federal Reserve. FRS head indicated that Central Bank possessed the resources for such support, although the use of some possible means will bear experimental character.