PIMCO’s Mohamed El-Erian – Unlikely to See QE3
June 01, 2011 at 14:46 PM EDT
The well respected (and far better connected) Mohamed El-Erian tells CNBC he is doubtful there will be a QE3 as the risks of the next program now begin to outweigh the rewards. While I agree with him on that point, as a political animal I expect the Fed to be forced to do “something” down [...]
