Fed unlikely to increase QE

By Leith van Onselen

Above is an interesting video interview on CNBC’s Kudlow Report with Frederick Mishkin, who’s a former Federal Reserve Board Governor and currently an economics professor at Columbia University. In the interview, Mishkin discusses the Federal Reserve’s quantitative easing program, where he argues that there is very little likelihood of the Fed increasing QE.

Some may recall Mishkin from the documentary “Inside job” in which he did not fare well. Perhaps a grain of salt is in order.