Fed’s Bullard calls for further QE

bullard-stlouis-fed

The Federal Reserve should expand its quantitative easing program further to avoid becoming entangled in a Japanese-style deflationary trap, James Bullard, the president of the St. Louis Federal Reserve, said on Thursday.

In a research note, Bullard said the Federal Open Market Committee (FOMC) must react to negative shocks in the economy by introducing further quantitative easing programs. He also warned that committing to extended periods of low interest rates may increase the probability of

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: