St. Louis Fed President James Bullard says the QE2 decision isn’t a done deal, and that the FOMC...

|By:, SA News Editor

St. Louis Fed President James Bullard says the QE2 decision isn’t a done deal, and that the FOMC will wait until all available economic data come in before its November meeting. He favors an open-ended program of bond purchases in monthly increments of ~$100B to stimulate the economy, noting disagreement over the size of any plan.