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Fed’s Bullard Says He’s Cautious on QE Tapering Next Month

Aug. 23 (Bloomberg) -- Federal Reserve Bank of St. Louis President James Bullard, who has backed the Fed’s $85 billion in monthly bond buying, said he would be wary of slowing asset purchases next month.

“I wouldn’t rule it out,” Bullard told Fox Business Network, according to excerpts released by the network. “If it was just me, and I was dictator, I’d probably be for quite a bit of caution here.”

To contact the reporters on this story: Steve Matthews in Atlanta at smatthews@bloomberg.net;

To contact the editor responsible for this story: Christopher Wellisz at cwellisz@bloomberg.net

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