Fed’s Bullard Says ‘Main Message’ Is Policy Will Stay Easy

Federal Reserve Bank of St. Louis President James Bullard said his “main message” is that the central bank’s monetary policy will remain easy for a long time, while the possibility of tapering the bond-buying program may be gaining momentum among policy makers.

“Fed policy is very easy, and it’s going to stay easy for a long time,” Bullard said in an interview today on CNBC television. “That’s my main message this morning.”