James Bullard: "U.S. Economy Stronger, More QE Cuts Ahead."

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James Bullard: "U.S. Economy Stronger, More QE Cuts Ahead."

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James Bullard: "U.S. Economy Stronger, More QE Cuts Ahead."

by Wochit 0:54 mins

James Bullard: "U.S. Economy Stronger, More QE Cuts Ahead."

by Wochit 0:54 mins

Recent "soft" economic data notwithstanding, the U.S. economy is headed for a good year of growth, a top Fed official said on Friday, adding he expects the central bank to continue to pare its massive bond-buying stimulus. Chalking up much of the recent weak economic data to unusually bad winter weather, St. Louis Federal Reserve Bank President James Bullard told the St. Louis Forum he has not been deterred from his view that the economy has strengthened from past years. Bullard said "At least for the time being we are on target to continue the taper going forward, depending on how the committee makes that decision as we go through this year."

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