More economic-stimulus measures from the Federal Reserve won't speed up the U.S. recovery, says Carly Fiorina, the former CEO of Hewlett-Packard.

Weak jobs data and European debt fears have sparked analysts calls that the Federal Reserve will juice the economy via quantitative easing (QE), under which the Fed buys assets held by banks and floods the economy with liquidity in the process.

The Fed has already snapped up $2.3 trillion via two rounds of quantitative easing since the downturn with the aim of encouraging investment and hiring via liquidity injections.

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A third round won't help much, some experts say.

"I'm not a big fan of more action on the Fed’s part. It worked to boost the stock market temporarily but we have reversed all the gains of the year on the stock market," Fiorina tells CNBC.

"More QE won’t do any good," she adds.

The U.S. needs more fiscal policies to repair structural problems with the economy and not "more money flooding the system," Fiorina adds

Two Federal Reserve officials, meanwhile, say further monetary stimulus isn't needed at this time.

Despite an escalating European debt crisis and a weak May jobs report, which showed the economy added a dismal 69,000 net jobs, the economy needs more time to stand on its own two feet.

"The outlook for 2012 has not changed significantly so far," says James Bullard, president of the St. Louis Federal Reserve Bank, according to Reuters.

"A change in U.S. monetary policy at this juncture will not alter the situation in Europe."

Furthermore, too much easing plants the seeds for inflation down the road, other Fed officials say.

"Short of an implosion, I cannot support further quantitative easing," Dallas Fed President Richard Fisher says separately, Reuters adds.

Editor's Note: You Deserve to Know What Obama and Bernanke Are Hiding From Americans