The markets expect an injection of liquidity into the system in the amount of at least 500 billion dollars. It is possible, though, that the intervention can reach 1 500 billion dollars. In any case, it would be the second operation of “quantitative easing,” after the one in 2008/2009 which amounted to 1 725 billion USD.  

Several members, so-called „falcons“ of the FOMC, are opposed to the strategy of quantitative easing. Thomas Hoenig, president of Fed in Kansas City, speaks about this strategy as of a „pact with the devil. The Fed is risking a strong rise in inflation balanced by slight decrease – between 25 and 30 base points – in long-term interest rates.“  

On the other hand, the „doves“ of the FOMC led by Charles Evans, president of Fed in Chicago, claim that even 1 500 billion of new liquidity on the market will not be sufficient for American economy. The „super quantitative easing“ would require at least 5 000 billion USD to restart the economy.