Bullard Speaks with Bloomberg TV about Tapering, QE Effectiveness
November 20, 2013
St. Louis Fed President James Bullard said the cumulative progress in labor markets argument is the most powerful one for tapering the Fed's asset purchases. While there has been cumulative improvement since the program started, he noted that the question for tapering is whether that progress can be sustained going forward and whether inflation will move closer to the Fed's target. Bullard discussed these topics during an interview on Bloomberg Television's "Market Makers."
This video is no longer available.
- Bullard Says Tapering Bond Buying Is 'On the Table' Next Month, by Steve Matthews and Jeanna Smialek, Bloomberg.
- Fed's Bullard: Tapering 'On the Table' for Next Meeting, Dow Jones.
- Fed's Bullard: December taper 'definitely on the table,' Reuters.
- Fed's Bullard Says Lower Jobless Threshold Might Be 'Dangerous,' by Steve Matthews and Matthew Winkler, Bloomberg.