Posted by Melody on 10:19 AM
| Reuters: Politics | | Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com | |
| Fed's Lockhart sees bond buying beyond mid-2013 Jan 17th 2013, 17:42 NEW YORK | Thu Jan 17, 2013 12:42pm EST NEW YORK (Reuters) - The U.S. Federal Reserve will very likely need to continue its large-scale asset purchases into the second half of this year, Atlanta Fed President Dennis Lockhart said on Thursday. It would be "a struggle to see" an indication by mid-year that the labor market had improved enough to prompt the Fed to halt its bond buying, he said at a conference hosted by Bloomberg. | |
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