President Bullard Discusses U.S. Economic Outlook on Bloomberg Radio

July 1, 2016

St. Louis Fed President James Bullard said that the Fed’s mandates have essentially been met, judging by the current values for inflation—as measured by the Dallas Fed’s trimmed-mean inflation rate—and for unemployment. By keeping interest rates a little bit higher than they are now, unemployment and inflation will probably remain at these values for the foreseeable future, he said during an interview on Bloomberg Radio’s “The First Word,” in London.

During the interview, he also discussed his forecast for U.S. output growth and his views on monetary policy decisions being data-dependent.

Listen to Audio »

Subscribe by email and be the first to know when we post new issues of our publications and newsletters and update content on our website. Your email address will only be used to deliver the requested information.