Fed hasn’t ditched "extended period" phrase-Bullard

NEW YORK, April 15 (BestGrowthStock) – The U.S. Federal Reserve has
not ditched its “extended period” promise to keep rates
exceptionally low, St. Louis Fed President James Bullard told
Fox Business News on Thursday.

However, Bullard also said the U.S. central bank does not
want to send a signal about a specific date for monetary
action.

He added that there could be more removal of emergency Fed
measures as time goes by.

Stock Market News

(Reporting by Burton Frierson, Editing by Chizu Nomiyama)

Fed hasn’t ditched “extended period” phrase-Bullard