News Headline Summary

Fed's Bullard says asset purchases could be 'reduced somewhat' as labor markets 'improve somewhat'

Says:
- Reiterates monetary policy 'considerably easier' now than in 2012.
- Fed will consider employment, hours worked, job openings and turnover.
- Forecasts 6.5% unemployment by June 2014.
- Predicts rate rise from zero possible by June 2014.

21 Feb 2013 - 11:27 - - Source: Newswires

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