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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> deflation

Most economists are behind quantitative easing

Posted by RJ and Makay on Mar 07, 2011

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Most Economists Are Behind Quantitative EasingA large majority of economists — 62% — think the Federal Reserve's $600 billion bond-purchase program, also known as quantitative easing, is helping to support U.S. growth. The National Association for Business Economics (NABE) reported that finding recently after surveying 263 of its members.

Of the survey respondents, 21.8% thought quantitative easing was having no impact and 15.8% said it was harmful. When asked about the level of monetary stimulus, slightly more than half said it's just right and 41% described it as too stimulative.