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Aug. 23, 2013
Regarding forward guidance, St. Louis Fed President James Bullard said that adding a lower threshold on inflation of 1.5 percent would be a way to strengthen the FOMC’s commitment to defend the inflation target from the low side.
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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."