Fed's Bullard: Another Round of Quantitative Easing "One Option"

From Dow Jones Newswires: 

TOKYO  (Dow Jones)-- Federal Reserve Bank of St. Louis  President  James Bullard  said that another round of quantitative easing is "one option," the Asahi Shimbun reported in its Wednesday morning edition.

But Bullard, who does not have a vote on the Federal Open Market Committee this year, stressed in an interview with the paper the importance of examining data to see which direction the U.S. economy is moving in the second half of 2011.

He also said that any further signs of inflation could be problematic.

"Before we would take action, we would want to verify whether inflation has eased," Bullard said, noting he expects the U.S. economy to grow 2.5% in the second half.

- Tokyo Bureau , Dow Jones Newswires; +81-3-6269-2770

  (END) Dow Jones Newswires
   08-30-11   2031ET
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