All signs point to the Federal Reserve engaging in another round of monetary easing next week. While no specifics have yet been announced, insiders are betting that the Fed will commence this version of quantitative easing with a purchase of $500 billion in Treasury debt over the next five months. The Fed has hinted at action for weeks noting that the weak recovery has not supported an increase in employment and must now act to make more money available to lenders to boost lending.
Source: Reuters