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Seldom Sunday: Bullard Thinks the Federal Reserve Is God
Sunday, October 2, 2011 - 8:00amThe Ben Bernanke admitted that he is not god, but James Bullard thinks otherwise: "The Fed has potent tools at its disposal and is not now, or ever, out of ammunition," Bullard said today in a speech in San Diego. "Should further weakness develop, monetary policy will need to respond appropriately...
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Friday, September 30, 2011 - 10:47am
Do We Need More QE?
St. Louis Federal Reserve President James Bullard is making some comments that are crossing the wires, and surprisingly, he is talking about the potential for more quantitative easing, despite the fact that Operation Twist has not even started yet. The initial reaction to Operation Twist is...
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Bullard Bullish on U.S.
Tuesday, May 24, 2011 - 2:56pmJames Bullard--President of the St. Louis Federal Reserve Bank--characterized the U.S. economy as being in sustainable recovery, according to ForexLive. If the U.S. economic recovery continues this year as he anticipates, the Federal Reserve should be able to "take back" some of the easy money...
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James Bullard: Rates Are Not Going Anywhere
Tuesday, May 24, 2011 - 7:03amSt. Louis Federal Reserve President James Bullard said that the Federal Reserve is likely to keep rates on hold after the end of QE2 in order to evaluate how strong the economy is. Speaking in Missouri, Bullard said, "Past behavior of the Federal Open Market Committee indicates that the Committee...
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Precursor For QE3?
Friday, May 6, 2011 - 11:32amDid James Bullard just open the door for a potential QE3? The St. Louis Fed President said today that the Federal Reserve should keep interest rates on hold for some time after the end of QE2, to see how the economy has been affected by it. "This gives the committee more time to assess economic...
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Bullard Says Fed Probably Won't Taper End Of QE2 Purchases
Monday, April 18, 2011 - 12:01pmSt. Louis Federal Reserve President James Bullard is out with some comments on the end of QE2, and he is saying that the Federal Reserve probably won't taper the end of QE2 purchases. Bullard is not a voting member of the FOMC this year.
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Tuesday, March 29, 2011 - 7:11am
What Happens When The Punch Bowl Is Taken Away?
St. Louis Federal Reserve President James Bullard made some interesting comments this morning, which if true, could put a scare into the bulls. Bullard said that QE2 could be cut by as much as $100 billion and that the Federal Reserve would begin to "normalize policy." After making comments over...
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Metals All Lower, Copper Down Sharply (SLV, GLD, JJC, PALL, PLTM)
Monday, March 28, 2011 - 9:40am
The metals market is down sharply today, with copper falling the most on comments Fed President James Bullard made over the weekend that QE2 could end early. Copper is down 5.4 cents this morning, trading at $4.365, a loss of 1.2%. Ipath Dow Jones Ubs Copper Total ETF (NYSE: JJC) is down 69...
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QE2: "Modestly Successful"
Monday, December 20, 2010 - 8:30am
St. Louis Federal Reserve President James Bullard was on CNBC this morning and he said that QE2, the Fed's $600 billion bond buying program, has been "moderately successful" so far. He was positive on 2011, and said GDP will come in better than was thought even just a few short months ago. "I do...
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St. Louis Fed President James Bullard Tells Fox Business He's "OK" With Congress Changing Fed's Dual Mandate
Wednesday, December 1, 2010 - 1:48pm
St. Louis Federal Reserve Bank President James Bullard tells FOX Business Network's (FBN) Peter Barnes, he is “cautiously optimistic” about the United States economy and he thinks “we are very close to being able to get a strong recovery going in 2011.” Bullard also said that Europe's debt crisis...
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