Despite “leaning” toward further monetary stimulus, “the decision is not clear cut” for additional quantitative easing, or QE2, and costs and benefits need to be debated, Federal Reserve Bank of Atlanta president Dennis Lockhart said Monday.

“In my mind, QE2 is a form of risk-management,” he said in prepared remarks released by the Fed. “An insurance policy that is prudent to put in place at this time.”

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