The Federal Reserve may commit to more asset purchases “later this summer” to boost growth if the economy slows, said Mark Zandi, chief economist at Moody’s Analytics Inc. in West Chester, Pennsylvania.

“The bar is pretty low for additional quantitative easing, QE, if the economy does continue to weaken,” Zandi said on Bloomberg Television’s “In the Loop” with Betty Liu.

“I don’t think the Federal Reserve at this point needs to do anything additional,” he said. “Odds for another round of QE are less than even.”