James Bullard, the head of the St Louis branch of the Federal Reserve, has suggested keeping quantitive easing at the current US$15bil level - Reuters Photo.
WASHINGTON: A member of the US Federal Reserve suggested Thursday that the central bank should consider prolonging its bond-buying stimulus program, which is due to begin to wind-up this month.
James Bullard, the head of the St Louis branch of the Fed, is not a voting member of the bank's monetary committee, but markets will pay attention to his views as the Fed weighs its options.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
