Fed’s Bullard says change to QE would be an easing of policy stimulus, not an end to it

US labour market is improving and expects it to continue to do so; More optimistic that the majority of FOMC members that economy is improving and will continue improving; Worry is inflation coming in lower than expected, would like to see inflation; approaching target before any tapering …

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Fed’s Bullard says change to QE would be an easing of policy stimulus, not an end to it