LONDON — The decision over relaunching quantitative easing at the Fed’s November meeting is a “tough call,” and things can change between now and then, James Bullard, president of the Federal Reserve Bank of St. Louis, said in a CNBC interview.
Bullard said extra quantitative easing was “not a slam-dunk” and Fed members still had to rework their forecasts before the November meeting. He said the Federal Open Market Committee could postpone a decision on more quantitative easing until December or January.
Markets are currently attaching a high probability to further quantitative easing in November, but Bullard injected a note of caution.
— Market News International