April 2, 2014
During an interview on "The Hays Advantage," which was broadcast live from the St. Louis Fed on April 2, President James Bullard noted that inflation has surprised him to the low side. However, he said inflation seems to have stabilized at this lower level, and he projects that it will move back toward the 2 percent target this year.
Audio courtesy of Bloomberg Radio.
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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."