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President Bullard Appears on CNBC's "Squawk Box" - Part 2: Inflation, Fed's Balance Sheet

November 4, 2013

While he believes there has been substantial cumulative progress in labor markets since the current asset purchase program began, St. Louis Fed President James Bullard said there is no reason to be in a hurry to begin tapering, given that inflation is low. He also noted that the Fed still has some room on its balance sheet, although he cautioned against taking too much risk there.

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