Conference Call

What Do Fed QE3 and the U.S. Election Have in Store for GDP?

Meeting date: June 21st, 2012
Start time: 11:00 AM EDT
Duration: 1 Hour
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RGE Chairman Nouriel Roubini discusses U.S. growth amid EZ crisis and election-year political maneuvering. Covered by the call:

  • We see further Fed easing coming by mid-2012, or early Q3 at the latest. We discuss the June Fed meeting and outlook for Fed monetary policy. 
  • We look at implications of the current policy environment for markets and growth: The U.S. recovery is vulnerable, consumption looks soft, and external risks are elevated.
  • With the U.S. heading into elections, we see rising uncertainty regarding the fiscal drag and a possible debt ceiling battle, which will impact markets.