Suggestions quantitative easing (QE) might go on a reunion tour in the U.S. helped to staunch market losses Thursday, but don't hold your breath waiting for the Federal Reserve to whip out the checkbook, analysts said.
"It's part of a strategy to calm markets down, to remind them that 'we still have your back and we're on top of this' from a central bank point of view," Mikio Kumada, global strategist at LGT Capital Partners, told CNBC. "Whether they will actually do it, I'm not so sure. At least as far as the U.S. is concerned, the economic conditions are decent enough."
Stocks bounced back Thursday after a rough opening, with the S&P 500 ending the day less than a point higher, after St. Louis Federal Reserve President James Bullard Thursday morning suggested to Bloomberg TV, that the Fed should consider pausing its taper of the quantitative easing program.