Tags: Fed | Bullard | Easing | Misperceived | Bailout

Fed's Bullard: Easing Is Misperceived as a Bailout

Wednesday, 17 Nov 2010 01:46 PM

The Federal Reserve’s $600 billion asset-purchase plan has become misperceived as a government bailout, which may require policy makers to do a better job of explaining its rationale, Fed Bank of St. Louis President James Bullard said.

“What is really only ordinary monetary policy got conflated, I think, with other kinds of government programs, bailout programs,” Bullard told reporters today after speaking at a housing finance conference in St. Louis. “It is up to us to try to communicate better about monetary policy.”

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The Federal Reserve s $600 billion asset-purchase plan has become misperceived as a government bailout, which may require policy makers to do a better job of explaining its rationale, Fed Bank of St. Louis President James Bullard said. What is really only ordinary monetary...
Fed,Bullard,Easing,Misperceived,Bailout
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2010-46-17
Wednesday, 17 Nov 2010 01:46 PM
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