Bloomberg News

Fed’s Bullard Says He Supports Central Banks’ Swap Arrangement

December 01, 2011

Dec. 1 (Bloomberg) -- James Bullard, president of the Federal Reserve Bank of St. Louis, said today that he supports yesterday’s central bank swap arrangements.

Bullard, speaking at the Bloomberg Hedge Funds Summit in New York, said, “so far we’re not as bad as 2008, 2009” regarding swaps.

To contact the reporter on this story: Joshua Zumbrun in Washington at jzumbrun@bloomberg.net

To contact the editor responsible for this story: Kevin Costelloe at kcostelloe@bloomberg.net


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