QE3 and Rogoff @FTAlphaville, 8/9/11 9:08 AM

Aug. 9 (Bloomberg) — Federal Reserve policy makers are likely to embark on a third round of large-scale asset purchases, moving "more decisively" to secure the U.S. recovery, said Harvard University economist Kenneth Rogoff.

"They certainly should do something right away," said
Rogoff, a former International Monetary Fund chief economist who attended graduate school with Fed Chairman Ben S. Bernanke. It's "hard to know" if Bernanke would immediately be able to gain
the support of Federal Open Market Committee members, Rogoff said in an interview today on Bloomberg Television.

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FT Alphaville (@FTAlphaville) 8/9/11 9:08 AM The QE3 rallies start here http://dlvr.it/fRvNx

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