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.

14 Jan 2013 - 17:30 - - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: