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Smetters Says QE3 Not Likely Unless Euro Crisis Worsens


April 25, 2012 9:38 PM EDT Kent Smetters, a professor at the University of Pennsylvania’s Wharton School and a former Treasury Department economic policy official, talks about the U.S. economy and Federal Reserve monetary policy. Fed Chairman Ben S. Bernanke said the central bank stands ready to add to its stimulus if necessary even after leaving its policy unchanged today and upgrading its view of the economy for this year. Smetters speaks from Philadelphia with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg) (Bloomberg)

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