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.
- Malaysia military source says missing jet veered to west |
- Ukraine appeals to West as Crimea turns to Russia |
- Malaysia air probe finds scant evidence of attack: sources |
- UPDATE 1-Missing Malaysian plane last seen at Strait of Malacca-source
- Libyan parliament sacks PM after tanker escapes rebel-held port