Aug 1, 2012

New QE Will Not Boost Spending

The U.S. Federal Reserve will carry out more quantitative easing this year, but it will be ineffective; long-term interest rates are already too low, and lowering them further would not boost spending. - in The

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.