Vincent Reinhart Sees 50% Chance Federal Reserve Will Buy More Assets

Odds are about 50 percent that the Federal Reserve will buy additional assets to keep its balance sheet stable and stimulate a slowing U.S. economy, said Vincent Reinhart, a former director of monetary affairs at the Fed. “I think it is about a coin toss,” said Reinhart, in an interview today on Bloomberg Radio’s “Bloomberg Surveillance.” “If Chairman Bernanke wants it done, he could get it done,” he said.- Bloomberg