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MNI BRIEF: Fed's Bullard-Keep Policy Steady Until Recovery

(MNI) WASHINGTON

St. Louis Fed President James Bullard said the Federal Reserve should wait for a more fullsome economic recovery before considering any tightening of monetary policy.

"We have a great policy in place for right now," he told a webinar. "We are looking forward for the end of the pandemic but it hasn't happened yet."

His remarks came after Richmond Fed President Thomas Barkin told MNI in a recent interview he's still focused on powerful disinflationary forces affecting the economy.

MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com

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