President Bullard Discusses the Economy

June 15, 2009

St. Louis Fed President James Bullard discusses the economy with CNBC's Steve Liesman. Topics include signs that the financial crisis is abating, the Fed's exit strategy, the impact of the Treasury asset purchases and systemic risk regulation. Bullard says he is cautiously optimistic for the second half of 2009, barring new shocks. The signs are there that the financial stress is abating.