President Bullard Appears on CNBC's "Squawk Box" - Part 7: Economy as Driver of Policy

November 4, 2013

St. Louis Fed President James Bullard said that, in his view, the FOMC cannot afford to wait until the political waters are completely calm before making decisions on tapering. He stressed that the economy has to drive Fed policy.

• Part 1: Tapering Asset Purchases, Labor Markets
• Part 2: Inflation, Fed's Balance Sheet
• Part 3: QE Effectiveness, Tapering
• Part 4: Fed Transparency
• Part 5: QE as Conventional Monetary Policy
• Part 6: Bubbles, Inflation Target
• Part 7: Economy as Driver of Policy

Having trouble with the video? Watch it here.

Related News Articles:

• Bullard Says Jobs Not Sole Determinant of QE Buying Pace, by Jeanna Smialek, Bloomberg.
• Low inflation means no hurry to taper stimulus, top Fed official says, by Jim Puzzanghera, Los Angeles Times.
• Fed's Bullard says he's patient on taper, by Greg Robb, MarketWatch.
• Fed's Bullard: monetarists need to re-examine inflation models, by Alister Bull, Reuters.
• Bullard calls Fed's billions in bond buying 'a torrid pace,' St. Louis Business Journal.