Daily Archives: July 11, 2012

Robin Harding

There’s lots to learn from the June 2012 FOMC minutes although all the attention, as you’d expect, is on parsing the chances of QE3. I’ll do a bit of that below but here are some other points of interest:

I read the minutes as showing a fairly high chance of QE3 if the economy remains weak. Some evidence for that view: Read more