To keep in mind why in the first place QE was introduced. Unconventional measures haven't been introduced to boost markets or act on a recession but to prevent a depression and massive deflation. To conclude the Fed will jump into another row of QE just to fight a slowing recovery alone is doubtful, "Measures of underlying inflation are currently at levels somewhat below those the Committee judges most consistent, over the longer run, with its mandate to promote maximum employment and price stability. With substantial resource slack continuing to restrain cost pressures and longer-term inflation expectations stable, inflation is likely to remain subdued for some time before rising to levels the Committee considers consistent with its mandate. " as well as
"The Committee will continue to monitor the economic outlook and financial developments and is prepared to provide additional accommodation if needed to support the economic recovery and to return inflation, over time, to levels consistent with its mandate. " let think the deflation pressures are under a Fed very high scrutinity even more than the may be slowing recovery is?
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