In an interview with CNBC (along with Atlanta Fed’s Lockhart), uber-dove Charlie Evans does not call for QE3 outright but implies that he’d still be prepared to do more. Lockhart says it’s too soon to make any call for new action in either direction.
UPDATE: Evans calls for more accommodation, saying improving liquidity would be helpful.
That didn’t take long…
Lockhart, on the other hand, says he’s skeptical increasing liquidity would have any impact, saying there is only so much we can do to stimulate loan demand.
So am I.
