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Fed’s Bullard Says Stimulus Can Be Adjusted Depending on Growth

Federal Reserve Bank of St. Louis President James Bullard said provision of stimulus is “reviewable and changeable” depending on economic growth, which may be stronger next year than some economists forecast.

“I would like to adjust the program meeting by meeting,” Bullard said on CNBC television today. “We did get this sentence about ‘regular review’ -- I take that very seriously.”