-
Fed officials dampen speculation of imminent bond tapering
Two senior Federal Reserve officials on Tuesday played down chances that the U.S. central bank would signal a readiness to taper bond buying at its meeting next month, dampening speculation the Fed might soon dial back its ultra-easy policy. New York Federal Reserve Bank President William Dudley and St. Louis Fed chief James Bullard, both of whom will vote at the June 18-19 meeting, made clear further economic progress was needed before they would support curtailing bond purchases. "Inflation is pretty low in the U.S.," Bullard told reporters after delivering a lecture in Frankfurt. "I can't envision a good case to be ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- May 21, 2013 4:50pm May 21, 2013 4:50pm
- Guest
- | IP XX.XXX.134.3
- Comment #2
- Quote
- Edited 6:06pm May 21, 2013 5:55pm | Edited 6:06pm
- aesir
- | Joined Dec 2011 | Status: Member | 20 Comments
- Comment #3
- Quote
- May 21, 2013 6:07pm May 21, 2013 6:07pm
- The Fool
- Joined Apr 2009 | Status: Live and learn. | 1464 Comments
"If The Fool persists in his Folly he will become wise." - William Blake
- Comment #4
- Quote
- May 21, 2013 7:37pm May 21, 2013 7:37pm
- Guest
- | IP XXX.XX.101.67