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Fed’s Bullard Says Markets Misread Him In October Bond-Buying Dustup
The last month has been challenging time for St. Louis Fed President James Bullard. In the view of many market observers, the veteran central banker has sent conflicting messages about the outlook for Federal Reserve interest rate policy, injecting uncertainty into the central bank outlook at a time when markets and other officials were largely on the same page. Markets were rattled by comments Mr. Bullard made in a Bloomberg interview just ahead of the late October Fed policy meeting. He said the central bank might want to consider extending a bond-buying stimulusthat was almost universally expected to end that ... (full story)
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