Fed’s Yellen: Full steam ahead on QE3 - MarketWatch

 

Yellen’s comments add weight to the idea the Fed will maintain an $85 billion-a-month bond purchase program at its next meeting on March 19-20.

There has been vocal criticism of the Fed’s ultra-easy stance, from inside and outside the central bank.

Some, like Kansas City Fed President Esther George, have expressed concern that the low rates and asset purchases will foster overheating in some markets and lead to inflation.

Fed’s Yellen: Full steam ahead on QE3 - MarketWatch