Fed officials downplay worries over U.S. growth

Recent bad weather in large portions of the United States is having an impact on economic activity, but that is no reason for less optimism about economic prospects for the rest of the year, St. Louis Federal Reserve President James Bullard told CNBC television on Friday. The Texan is one of the most outspoken opponents of the current round of bond buying, which has swollen the Fed's balance sheet to more than $4 trillion.

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