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Williams, Bullard Say Fed’s Bond-Buying Program Is Working Well

John Williams

John Williams

Photographer: SeongJoon Cho/Bloomberg

The Federal Reserve’s bond-buying program is serving its purpose well at the moment, though the central bank could adjust the parameters if needed, New York Fed President John Williams said.

“Going forward, as we watch how the economy is evolving, how the outlook is evolving, we can think about any adjustments we want to make on those purchases,” Williams said Tuesday during a live interview broadcast online by the Wall Street Journal. “I think they’re serving their purposes really well right now.”