Citi Economist: Downgrade Could Prompt QE3
If U.S. sovereign debt receives a rating downgrade—a move Standard &Poor’s is threatening even without a default—a third round of quantitative easing is likely in early 2012, according to Willem Buiter, chief economist for Citigroup.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: