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Bullard Dented Expectations The Fed May Taper Its Bond Purchases Anytime Soon

Tuesday, May 21, 2013 - 6:12 PM
From Reuters
Bullard, at an event in Frankfurt, said the Fed should continue quantitative easing, adjusting the pace of bond buying according to incoming data. He also said U.S. inflation has recently been below target.

"The fact that he supports continued easing is seen as a negative for the dollar because Bullard is one of the more hawkish members" of the Fed's voting committee, said Eric Viloria, senior currency strategist at Forex.com.

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3
Ken TuminKen Tumin5,467 posts since
Nov 29, 2009
Rep Points: 124,994
1. Tuesday, May 21, 2013 - 6:53 PM
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Dear KenBDG,

What's the position of President Bullard?  Is it hawkish or centrist?  ... Or depending upon whom you quote and/or what's the phase of the moon on that particular day, the answer is different?  :-)

Reason I'm inquiring, of course is because your post above claims him to be hawkish, But an earlier post from you indicates him to be the centrist.  Link below:

http://www.depositaccounts.com/forum/thread/9178-fed-official-says-fed-on-hold-because-existing-policy-already-ultraeasy.html

In that post actually you've gone at length to explain what eaxtly is the meaning of being a centrist!

... Well ... What gives? ...  :-)

Yours Truly,
- Anon
In FED I Trust  :-)

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5
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
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