QE Won't Work This Time

There are two upcoming U.S. Federal Reserve meetings: July 31-August 1, 2012 and September 12-13, 2012. With high likelihood, we will see another round of Quantitative Easing - or QE.

Economists are split as to whether there would be any real benefit to a third round of QE.

I will present new evidence from a recent survey of 450 U.S. Chief Financial Officers that suggests a new wave of QE will have little or no effect.