Bullard Speaks with CNBC about Monetary Policy, U.S. Economy
August 23, 2013
During an interview on CNBC's "Squawk Box," St. Louis Fed President James Bullard noted that while the labor market looks better than this time last year, inflation has been low and GDP growth has been weak. Given the mixed data on the economy, Bullard said that the FOMC can afford to be very deliberate in making decisions about monetary policy.
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- Bullard Says Fed Need Not Hurry to Taper QE With Inflation Low, by Steve Matthews, Bloomberg.
- Fed's Bullard: 'No Hurry To Taper' 'We Want To Take Our Time,' by Karen Mracek, Market News International.
- U.S. Fed's Bullard in no hurry to trim asset purchases, Reuters.