Boris Schlossberg of BK Forex agrees that stimulus is not in the offing, but he disagrees with Bourdeau on the reasons.
"The key question is not economics, its politics," he says. "If Bernanke were to ease right now, Republicans would go apoplectic." Schlossberg believes that barring cataclysmic economic reports, easing is off the table before the election.
But CNBC contributor Rebecca Patterson argues otherwise. "I think that the Fed right now is saying we're going to do whatever we need to do for the economy," she says, though she does think an easing move would generate considerable political heat.
You can watch the discussion on the video clip.
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