US Economy and QE3

Professor Jun Yu from the SMU School of Economics and Lee Kong Chian School of Business commented on the US current economic situation and whether there is ground for further monetary easing, after the central bank announced interest rates would remain near zero until late 2014. He also touched on the issue of QE3 and how it can possibly be implemented. Professor Yu is also the Director of SMU Sim Kee Boon Institute for Financial Economics