Yesterday, I saw a note from Morgan Stanley saying they see a 75% chance of QE3 in the first half of the year. Here is a great roundup on the comments today from Bullard, Williams, Dudley and Plosser.
Next week’s key US data:
- Tues – durable goods orders, Richmond Fed
- Wed – Q4 GDP (second reading), Chicago PMI, Beige book
- Thurs – PCE, claims
- Friday – ISM manufacturing
Wednesday is also LTRO day. Non-farm payrolls won’t be released until the 9th.
