Health, Myths, Fraud and the Crisis

WASHINGTON, Oct 19 (Reuters) – Atlanta Federal Reserve Bank President Dennis Lockhart said on Tuesday that further easing by the Fed has to be large enough to help boost demand ( demand for what ???) , and purchases of $100 billion of securities a month would be a possibility.

‘If we’re going to pursue another round of quantitative easing, it has to be a large enough number to make a difference,’ Lockhart said in an interview on CNBC.

‘As a monthly number ($100 billion) is fairly consistent with what we did before, and so I think it would certainly be in the range of numbers one might consider … but if you were talking about $100 billion as simply the overall program, I think that’s too small,’ he said.

(Reporting by Mark Felsenthal, Editing by Chizu Nomiyama) Keywords: USA FED/LOCKHART

(; +1 202 898 8329; Reuters Messaging:


Copyright Thomson Reuters 2010. All rights reserved

Comments on: "Fed Lockhart: Quantitative easing must be big…" (2)

  1. World Wide News Flash said:

    Fed Lockhart: Quantitative easing must be big? | Rinaldo's Health Blog…

    I found your entry interesting do I’ve added a Trackback to it on my weblog :)…

  2. Fed Lockhart: Quantitative easing must be big… | Rinaldo's Health Blog…

    Here at World Spinner we are debating the same thing……

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