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FED: St. Louis Fed President James Bullard speaking to Yahoo News again
dismisses notion that the Fed will take benchmark interest rates into negative
territory. Says short-term funding markets would make negative rates
"problematic" in the US.
- Bullard says Fed could do more to support credit markets with remainder of
$454B from Congress. Emergency facilities "have been pretty successful in
- Says he expects unemployment numbers to continue to get worse.