News Headline Summary

Fed's Lockhart says Fed is not pursuing QE infinity

Says:
- Sees some confusion on Fed purchase plan perception.
- Expansion of balance sheet raises concern.
- Expects 2-2.5% growth in 2013.
- There is a risk Fed's cumulative treasury/MBS purchases could have adverse effect on market functioning and financial stability.

Print 17:30, 14 Jan 2013 - Economic commentary - Source: Newswires