Bullard Says Fed Should Forgo Easing While U.S. Economy Expands

The Federal Reserve should hold off on additional accommodation because the U.S. economy is growing moderately and risks from the European debt crisis have eased, said St. Louis Fed President James Bullard.

“I wouldn’t take anything off the table,” Bullard said yesterday in an interview with BNN Television in Vancouver. “For now things are looking better for the U.S. economy and it is a good time to wait and see.”