FED'S BULLARD Speaks

FED'S BULLARD: FOMC has come around to need for QE flexibility; QE is best policy tool for Fed now.

FED'S BULLARD: FOMC should alter policy based on economic data; Policy stance "appropriate at this time".

FED'S BULLARD: Forecasts rise in inflation later in 2013; Favors tapering QE in $10B to $15B increments.