CHICAGO — Recent data has shown the U.S. economy is improving, but the Federal Reserve is still not talking exit strategy while also not planning to deploy more quantitative easing, James Bullard, president of the Federal Reserve Bank of St. Louis, said Saturday.
Answering questions at the Allied Social Science associations annual meeting, Bullard said the Fed is rather taking a “wait-and-see” approach. Earlier, he previewed a paper examining how the recovery landscape and recovery tools have changed that he will release next week.
“The committee has actually talked a lot about possible exit strategies and how we would approach that, and we have put out a lot of statements about that,” Bullard said. “Recently, we haven’t been talking exit.”
