By Dian L. Chu, EconMatters Federal Reserve Bank of St. Louis President James Bullard, when speaking to reporters in France on March 26, stated, “If the economy is as strong as I think it is, then I think it may be reasonable to send a signal to markets that we’re going to start withdrawing our stimulus, and I’d start by pulling up a little bit short on the QE2 program… We can’t be as accommodative as we are today for too long, we’ll create a lot of inflation if we do that.†So, it seems that QE2 will get a serious review during the Federal Reserve`s April meeting, and could be cut…
***This is a preview. Please go to http://www.econmatters.com, or mobile reader http://bit.ly/dianchu-mobile for full content. ****
