Tags: Merrill Lynchs O’Neill Expect QE3 If Growth | Joblessness Don’t Improve

Merrill Lynch's O’Neill: Expect More Easing if Growth, Joblessness Don’t Improve

Tuesday, 25 January 2011 10:54 AM EST

Bill O’Neill, chief investment officer for Europe, the Middle East and Africa at Merrill Lynch Wealth Management in London, said the U.S. may need a third round of so-called quantitative easing if the country’s unemployment rate remains at around 9 percent in 12 months and economic growth doesn’t accelerate beyond 3 percent.

He made the comments at a press briefing in Helsinki today. The baseline assumption remains that a third round of quantitative easing won’t be needed, O’Neill said.


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Bill O Neill, chief investment officer for Europe, the Middle East and Africa at Merrill Lynch Wealth Management in London, said the U.S. may need a third round of so-called quantitative easing if the country s unemployment rate remains at around 9 percent in 12 months and...
Merrill Lynchs O’Neill Expect QE3 If Growth,Joblessness Don’t Improve
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2011-54-25
Tuesday, 25 January 2011 10:54 AM
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