TOKYO (Reuters) - The Federal Reserve could resort to more quantitative easing if the economy deteriorates, but this situation is unlikely as it is on track for a moderate recovery, an official of the central bank said on Thursday.
Europe is a potential risk to the global economy and it is up to European governments to follow a plan that reassures financial markets they can repay their debt, St. Louis Federal Reserve President James Bullard told reporters in Tokyo.
Bullard, viewed as a centrist on the spectrum of Fed officials, currently is not a voter on the monetary policy-setting Federal Open Market Committee, but he will be next year.
(Reporting by Stanley White; Editing by Shinichi Saoshiro and Michael Watson)
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