Reuters logo
Fed's Lockhart sees bond buying beyond mid-2013
January 17, 2013 / 5:41 PM / 5 years ago

Fed's Lockhart sees bond buying beyond mid-2013

NEW YORK, Jan 17 (Reuters) - The U.S. Federal Reserve will very likely need to continue its large-scale asset purchases into the second half of this year, Atlanta Fed President Dennis Lockhart said on Thursday.

It would be “a struggle to see” an indication by mid-year that the labor market had improved enough to prompt the Fed to halt its bond buying, he said at a conference hosted by Bloomberg.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below