News Headline Summary

Fed's Lockhart says Fed is not pursuing QE infinity

- 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.

14 Jan 2013 - 17:30 - Fixed Income Bank Speaker - Source: Newswires

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