Member of US Fed suggests delay to taper


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.

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