Fed QE3 Would Be `Big Mistake,' Glenn Hubbard Says

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Aug. 5 (Bloomberg) -- Glenn Hubbard, dean of Columbia University's Graduate School of Business, discusses the prospects for another asset-purchase program by the Federal Reserve. Hubbard, speaking with Erik Schatzker on Bloomberg Television's "InsideTrack" also discusses U.S. fiscal policy and the U.S. labor market. (Source: Bloomberg)