Bullard Says Fed Hasn’t Discussed Date to End QE
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Federal Reserve Bank of St. Louis President James Bullard said policy makers haven’t committed to a specific month to end bond purchases even as it would take a significant shift in the outlook to alter the path of tapering.
“There’s a little bit of ambiguity around the notion of when the QE program ends,” whether in October, December or January, Bullard said today in a Bloomberg Television interview in Hong Kong with Betty Liu, referring to quantitative easing. “Sometimes you see in the markets different interpretations of that, and frankly the committee has not really talked about that.”