Bullard reiterates Fed needs more data before tapering bond buys
LOUISVILLE, Ky. Aug 15 (Reuters) - The Federal Reserve should wait for more evidence that economic growth is picking up and annual inflation heading back toward its 2 percent goal before deciding to scale back bond purchases, a senior U.S. central banker said on Thursday.
St. Louis Fed President James Bullard's comments were almost identical to a presentation he delivered the day before.
"The committee still needs to see more data on macroeconomic performance from the second half of 2013 before making a judgement in this matter," he said in remarks prepared for delivery to a breakfast event hosted by the St. Louis Fed.
Bullard will answer audience questions at the end of his remarks and later take questions from the media.
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