Lockhart: I'm in Favor of More Quantitative Easing
Atlanta Fed president Dennis Lockhart says he is leaning in favor of further quantitative easing—or increasing the nation's money supply—to help boost the struggling economy.
"I think QE2 as it's called, can do some good," Lockhart told CNBC Tuesday. "I think it can help the economy and I think the risks that may be associated with it are acceptable."
Posted on October 19, 2010
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