St. Louis Federal Reserve Bank President James Bullard said Thursday that the low inflation rate gives the Fed's policymaking Federal Open Market Committee "room to maneuver" on the size of the Fed's balance sheet, repeating comments he has made recently.
Bullard: Low Inflation Gives FOMC 'Room to Maneuver' on Balance Sheet
FEB 21, 2013 2:58pm ET
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"One of these things does not belong" is a catchy slogan and it comes to mind when looking at the latest tax policy ideas coming from Washington when looking at the municipal bond tax exemption. The exemption is not a result of the growth of a tax code designed to induce or reduce certain behaviors. Rather, it is the foundation for the flow of capital in a $3.7 trillion dollar market required to efficiently finance the nation's infrastructure.
the bond buyer conferences
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