Economists Raise Expectations for QE3: Survey

CNBC

Tuesday, 9 Aug 2011 | 7:17 PM ET

Wall Street economists are raising their expectations for more quantitative easing while lowering growth forecasts, and some believe the Federal Reserve may not be able to wait even until its annual conference at Jackson Hole later this month before announcing the next round of easing measures, a Reuters poll has found...

The median percent chance the dealers gave of a third round of quantitative easing  by the Fed within the next six months rose from 27.5 percent on Friday to 37.5 percent on Tuesday.

The median percent chance that the U.S. would slip back into a recession within the next year rose to 30 percent from 15 percent on Nov 5, the last time Reuters asked primary dealers the question.

For article GO HERE