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Fed says policy appropriate, few hints of new stimulus

From reuters.com

Top Federal Reserve officials said on Friday the U.S. central bank's ultra-easy policy is appropriate for a sluggish economy but one policymaker said further easing would only be warranted if conditions worsen. St. Louis Federal Reserve Bank President James Bullard told CNBC television that now was a "natural time" for the U.S. central bank to pause and await more data given the economy and labor market are looking better. "With the better data, the super-easy policy already in place ... I think we've got a lot on the table here so this is a normal situation to sit back, get more data and try to collect our ... (full story)

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