Reuters logo
5 months ago
Fed could pause rate hikes when it begins to shed bonds -Bullard
March 31, 2017 / 4:37 PM / 5 months ago

Fed could pause rate hikes when it begins to shed bonds -Bullard

NEW YORK, March 31 (Reuters) - The Federal Reserve could pause interest rate hikes when it begins shedding its bond holdings, a move that would have little effect on financial markets, St. Louis Fed President James Bullard said on Friday.

"It's a possibility that you'd pause on the rate hike and end the reinvestment program," Bullard told reporters, adding the Fed could be ready to put out a plan for shrinking its $4.5 trillion balance sheet by the second half of this year. "I think it would have relatively minor effects on the market yields," he added.

Reporting by Jonathan Spicer; Editing by Chizu Nomiyama

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below