Outlook for Federal Reserve QE3, U.S. Economy

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Oct. 12 (Bloomberg) -- Michael Moran, chief economist at Daiwa Capital Markets America Inc., talks about Federal Reserve policy. Most participants favored giving additional information on the central bank’s goals and how they influence the Fed’s decisions, and most "saw advantages" in tying the Fed’s near-zero interest rates to more-specific developments in the economy, the Fed said in minutes of the Sept. 20-21 Federal Open Market Committee meeting, released today in Washington. Moran speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)

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