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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James Bullard
President and Chief Executive Officer
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"Rationally, let it be said in a whisper, experience is certainly worth more than theory."
Amerigo Vespucci
