Bullard Sees Fed Continuing Bond Buying as Inflation Stable
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Federal Reserve Bank of St. Louis President James Bullard said the central bank probably will press on with its asset purchases as contained inflation expectations give it time to continue the quantitative easing.
“I think it’s going to be a while on the QE program,” Bullard, a voting member of the policy-making Federal Open Market Committee this year, said in a television interview today on “Bloomberg Surveillance” with Tom Keene and Mike McKee. “We’ve got a lot of room to maneuver here.”