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Fed's Bullard sees potential risk of bubble as easy policy unwound

By Michael Flaherty and Saikat Chatterjee HONG KONG (Reuters) - A bubble could form in the U.S. economy even as the Federal Reserve unwinds its accommodative policy, a top U.S. central banker said on Thursday, adding policymakers' ability to spot them had improved substantially. James Bullard, president of the Federal Reserve Bank of St. Louis, also told an investment conference in Hong Kong that while there was a risk of keeping rates too low for too long, he did not think the Fed was doing that.

Fed's Bullard says raising inflation target to 4 percent not a good idea

HONG KONG (Reuters) - A senior U.S. Federal Reserve official said in Hong Kong on Thursday that raising the inflation target from 2 percent to 4 percent is not a good idea. James Bullard, president of the Federal Reserve Bank of St. Louis, said the Fed's unconventional monetary policies are effective, even as he nodded to the possibility they may be sub-optimal and therefore contributing to unnecessary global volatility.

Fed's Bullard says U.S. jobless rate expected to fall below six percent this year

By Michael Flaherty HONG KONG (Reuters) - The U.S. unemployment rate will fall below 6 percent by the end of this year, a Federal Reserve official said on Wednesday, offering a bullish view on the country's economy after central bank comments sent shock waves through financial markets last week. James Bullard, president of the Federal Reserve Bank of St. Louis, said that the outlook for the U.S. economy is "quite good," despite data from early in the year.

U.S. economy stronger, more QE cuts ahead: Fed's Bullard

CLAYTON, Missouri (Reuters) - Recent "soft" economic data notwithstanding, the U.S. economy is headed for a good year of growth, a top Fed official said on Friday, adding he expects the central bank to continue to pare its massive bond-buying stimulus Chalking up much of the recent weak economic data to unusually bad winter weather, St. Louis Federal Reserve Bank President James Bullard told the St. Louis Forum he has not been deterred from his view that the economy has strengthened from past years.

For QE cuts, Fed's Bullard not focused on December jobs

INDIANAPOLIS (Reuters) - A top Federal Reserve official said he is "disinclined" to focus on December's jobs data alone as he considers whether the U.S. central bank should continue to trim bond purchases. St. Louis Fed President James Bullard told reporters he was more focused on the drop in unemployment last month to 6.7 percent, from 7.0 percent, than on the 74,000 new jobs that were created, which was well below expectations.

Fed could do 'small' QE3 taper to recognize job gains: Bullard

(Reuters) - Improvements in the U.S. job market make reductions to the Federal Reserve's massive bond-buying program more likely, a top Fed official said on Monday, suggesting the central bank could start small and reassess in the first half of 2014. U.S. central bank policymakers meet on December 17-18 but are widely expected to defer a reduction in their bond-buying program to next year.

Fed's Bullard: keep buying bonds as U.S. inflation muted

By Jonathan Spicer ROGERS, Arkansas (Reuters) - Accommodative bond-buying must continue for now despite possible inflation risks in part because there are no signs of price rises so far, St. Louis Federal Reserve President James Bullard said on Thursday. Bullard, a voter on monetary policy this year, added he expects the U.S. central bank's balance sheet to "eventually" return to a pre-financial-crisis level of around $800 billion, though "it may take quite a while."

Fed's Bullard: December taper 'definitely on the table'

WASHINGTON (Reuters) - Recent U.S. economic data is looking better and a solid jobs report for November would increase the likelihood that the Federal Reserve would start to scale back bond buying at its meeting next month, a senior Fed official said on Wednesday. "It is definitely on the table, but it is going to depend on the data," James Bullard, president of the St. Louis Federal Reserve Bank, told Bloomberg television. "A strong jobs report, I think, would increase the probability some for a December taper."

Fed's Bullard: no hurry to taper because of low inflation

WASHINGTON (Reuters) - The Federal Reserve should not rush a decision to scale back its asset purchase program because of low inflation, a senior U.S. central banker said on Monday. "For me, you don't have to be in a hurry because of low inflation," St. Louis Federal Reserve President James Bullard told CNBC television.

Fed's Bullard: fiscal problems make October QE cut less likely

By Jonathan Spicer ST. LOUIS (Reuters) - The Federal Reserve is less likely to reduce its bond-buying program this month given the U.S. government shutdown and resulting lack of economic data, as well as the ongoing debate over the debt ceiling, a top central bank policymaker said on Thursday.
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