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QE Ended, Now What?

Weekly Economic Commentary

November 3, 2014 - HIGHLIGHTS

The Fed ended its bond purchase program last week and the bar has been set fairly high for restarting more QE.

The economy is in far better shape today, compared with the start of QE in 2008 and the end of QE1 and QE2.

It is probably too soon to know if QE has “worked,” and the better question may be, can the U.S. economy stand on its own without QE?

We believe the BOJ and ECB are likely to do more QE.

 

 

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