Federal Reserve Bank of St. Louis president James Bullard expressed concern yesterday about financial market perceptions of the Fed’s willingness to raise interest rates and end its quantitative easing policy in a timely way.

Bullard, a voting member of the Federal Reserve Board’s policymaking Federal Open Market Committee, warned that markets could “lose faith” in the Fed’s commitment to undo the asset purchases that swelled its balance sheet and bank reserves.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.