President Bullard Discusses Monetary Policy, U.S. Economy on CNBC's ''Squawk Box'' - Part 2: Labor Market, Inflation

Feb. 26, 2015

Although the U.S. had a period of poor labor market performance, St. Louis Fed President James Bullard said that measures of the labor market are much closer to normal now. On inflation, he noted that it is currently low, and he attributed a lot of the decline to the substantial drop in oil prices.

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