Fed’s Bullard: Fed Policy to Stay ‘Easy’ for ‘Long Time’

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  • The BIG PRINT Will Continue For A Long Time Says Fed's Bullard
February 22, 2013 1:01 pm est

Feb 22nd 2013 8:00am est

The Federal Reserve’s “very aggressive” easy money policy is going to stay that way for a “long time,” St. Louis Fed President James Bullard told CNBC on Friday. “I think policy is much easier than it was last year because the outright purchases are more potent tool than the ‘Twist’ program was … I don’t think markets have fully absorbed that switch.”