If market forecasts turn out to be true, then Ben Bernanke will open the doors to printing 700 billion dollars in the United States' third round of economic stimulus, termed QE3, and will vow to keep interest rates between 0.00 and 0.25% through 2015.
The goal is to drive a sluggish US economy that has not been able to create enough jobs. The Fed wants to weaken the dollar in order to better sell its bonds on the foreign market. This policy has kept the euro at a relatively high price.
The issue is that the policy hurts European exports, because the majority of European nations in recession, and Spain will be affected directly.
