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Aug. 23, 2013
Rather than making monetary policy decisions based on stronger forecasts alone, St. Louis Fed President James Bullard said that he would like to complement the forecasts with actual data that indicate a stronger economy before pulling back some accommodation.
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Audio courtesy of Bloomberg Radio.
President and Chief Executive Officer
Executive Assistant to the President
Senior Vice President and Chief of Staff to the President
Cletus C. Coughlin
Senior Economist and Special Assistant to the President
"Rationally, let it be said in a whisper, experience is certainly worth more than theory."