Fed's Bullard believes US unconventional monetary policy has been effective

FXStreet (Bali) - Fed's Bullard is crossing the wires, courtesy of Reuters, saying US unconventional monetary policy has been effective, adding that he embraces conventional wisdom on policy coordination, but sees 'room for debate'.

Bullard also said that US unconventional monetary policy is ineffective, as excess global volatility could result. Lastly, he said that conventional wisdom sees only small payoff to international monetary policy coordination.