Bond-buying program is subject to reviews, Fed officials say

12/3/2010 | Reuters

Charles Plosser, president of the Federal Reserve Bank of Philadelphia, and James Bullard, president of the Federal Reserve Bank of St. Louis, said the central bank's $600 billion bond-purchase program will undergo regular reviews and be adjusted if necessary. Plosser isn't sure the quantitative easing will boost the economy, but changes can be made if economic growth surpasses expectation, he said.

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