Told you many times, told you yesterday, QE3 is coming. This is straight from the horses mouth. Ben Bernanke had this to say today;
"The possibility remains that the recent economic weakness may prove more persistent than expected and that deflationary risks might reemerge, implying a need for additional policy support. The Federal Reserve remains prepared to respond should economic developments indicate that an adjustment of monetary policy would be appropriate."
Interpreted, get ready for QE3...
