Ben Bernanke and the Federal Reserve will likely end their efforts to stimulate the economy in June, according to the majority of respondents to the latest CNBC Fed Survey.
But a sizable minority of 30 percent think the central bank is not ready to put its check book away just yet.
The survey was taken Thursday through Monday, with the vast majority of responses coming after news of the Japanese earthquake and tsunami, but before the most recent reports of a potentially serious series of radiation leaks.
By June of this year, 81 percent of the 70 economists and Wall Street strategists and fund managers who responded to the survey, think the Federal Reserve will purchase exactly the $600 billion of treasuries it set out to buy in its QE2 program. About 16 percent believe the Fed will do less and just under 3 percent look for the Fed to purchase more by June.
Asked about possible Fed purchases after June, 70 percent said they don’t expect them, while 30 percent do. The group who see the Fed plowing ahead with additional QE forecast an average of about $150 billion of additional treasury buys by December.