Bullard says doubts Fed will adopt thresholds for bond purchases
JONESBORO, Ark. Feb 13 (Reuters) - The Federal Reserve is unlikely to change its guidance on when it will end its massive bond purchases, because differences among policy-makers are to great to forge a consensus around adopting specific thresholds, a senior Fed official said on Wednesday.
"It seems sensible but I don't think we are going to be able to do that," St. Louis Fed President James Bullard told reporters. "The asset purchase program is too controversial, both inside and outside the committee, and I don't think the chairman can garner enough agreement," he said.
- Tesla prevails in top Massachusetts court over direct sales
- U.S. to Assad: Beware of interfering with U.S. air power in Syria
- Odile batters Mexico's Baja resorts, knocks out power to most area
- Quake strikes northeast of Tokyo, no reports of serious damage
- Iran supreme leader spurns U.S. overture to fight Islamic State |