St. Louis Fed chief James Bullard says the Fed should extend its program to buy MBS and agency...

|By:, SA News Editor

St. Louis Fed chief James Bullard says the Fed should extend its program to buy MBS and agency bonds beyond the March deadline in order to remain agile. "Initially it would do nothing for the economy, but it would give the Fed the option to react to future news as it comes in," Bullard told reporters Sunday. The Fed has said it will complete its $1.25T scheme by March.