Fed's Balance Sheet Will Be Maintained at Its Current Level: James Bullard

(Beijing) – The U.S. Federal Reserve's balance sheet will stay where it is for the foreseeable future, says James Bullard, president and CEO of the Federal Reserve Bank of St. Louis.

Bullard is one of the 12 voting members of the Federal Open Market Committee (FOMC), which makes key decisions about U.S. monetary policy and oversees the Fed's open market operations involving the purchase and sale of securities.