business

Expect QE3 by year-end, if job market doesn't improve: HSBC

Kevin Logan, chief US economist at HSBC says, the FOMC is quite concerned about the state of the labour market. "Job growth has slowed down quite rapidly in last four months. If we don‘t see drop in unemployment rate in next few months, we may get a QE programme later this year," he adds.

first published: Jun 21, 2012 11:38 am