James Bullard: 2013 "is going to be a better year…"

 

St. Louis Federal Reserve Bank President James Bullard told Bloomberg TV’s Michael McKee today …

“is going to be a better year. I am probably more optimistic than most. I think a lot of the uncertainties that were around this economy in 2012 have come off the table.”

On the Fed’s $85 billion per month asset purchase program, Bullard said…
 “I do think this idea of tapering is one that I like. If we continue to get signs of improvement in labor markets we can slow down our pace of purchases.”

On the Fed’s $85 billion per month asset purchase program, Bullard said…

“I do think this idea of tapering is one that I like. If we continue to get signs of improvement in labor markets we can slow down our pace of purchases.”

>
Source: BLOOMBERG TELEVISION

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