US doesn't need any more QE. UK, and Euro-zone, and China might definitely need it.
QE3 in 2012? 'Only as a last resort'
Debate over whether the Federal Reserve would pull the trigger on QE3 started even before QE2 ended last summer. Now, six months later, the verdict is still out, but most of the investment experts surveyed by CNNMoney largely agree on one thing: the U.S. economy will have to get worse before Fed chief Ben Bernanke will even consider launching yet another round of asset purchases, a policy known as quantitative easing or QE. At this point, the outlook is murky. Those who say QE3 is out of the question cite the quietly improving U.S. economy: including an unemployment rate that ticked below 9% for the first time in ... (full story)