WASHINGTON (Reuters) - St. Louis Federal Reserve President James Bullard said on Thursday he believes internal Fed debate over the decision to boost purchases of Treasury debt is healthy and should not be suppressed.
“There’s been criticism from inside the Fed of the QE 2 decision. That’s part of the healthy debate that has surrounded this decision which is a difficult one,” Bullard told reporters after a presentation to economists here.
“Also, I think we should not be the Politburo and we should not be indecipherable. I think if there is some dissent within the committee, I think markets should be aware of that and they can factor in where the committee might go in the future.”
Reporting by David Lawder, Editing by Chizu Nomiyama