Fed Implementing `Appropriate Policy,’ Feroli Says

Jan. 30 (Bloomberg) -- Michael Feroli, chief U.S. economist at JPMorgan Chase & Co., talks about the Federal Reserve's decision today to keep purchasing securities at the rate of $85 billion a month, and the outlook for Fed policy and the U.S. economy. Feroli speaks with Adam Johnson and Alix Steel on Bloomberg Television's "Street Smart." (Source: Bloomberg)