Fed May Boost Stimulus Pledge
The U.S. Federal Reserve might boost its pledge to intervene in the markets to battle uncertainty in the global economy. The Fed may use more untested methods this time around as the previous rounds of quantitative easy, where the Fed bought $2.3 trillion worth of U.S. Treasuries, were unable to dramatically help the U.S. Economy and the 9% unemployment rate. According to a survey of 52 economists, a third round of quantitative easing is unlikely as it would signal that the economy is worse shape then they previously thought.