⁍ ‘Right now we have a good policy in place,’ St. Louis Fed president Bullard said.
⁍ The Fed has no imminent plan to change its current program of buying $120 billion monthly in U.S. Treasury and mortgage backed securities.
– The Federal Reserve’s asset purchases are “appropriate” for the economy, said St. Louis Fed President James Bullard today. “Right now we have a good policy in place. We have our (quantitative easing) program in place with a substantial amount of purchases. I think that is appropriate,” Bullard told a monetary policy panel on the sidelines of the International Monetary Fund meetings, according to Reuters.
Source: https://www.reuters.com/article/us-usa-fed-bullard/current-fed-bond-purchases-appropriate-st-louis-feds-bullard-idUSKBN27128H