March 23, 2016
St. Louis Fed President James Bullard noted that inflation measures are moving up and that he expects inflation to overshoot the FOMC's 2 percent target. "You want to be as close as you can be to your inflation target, but it's a symmetric target. You can be above or below. There's no problem with that," he said.
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President and Chief Executive Officer
Executive Assistant to the President
Senior Vice President and Chief of Staff to the President
Cletus C. Coughlin
Senior Economist and Special Assistant to the President
"Rationally, let it be said in a whisper, experience is certainly worth more than theory."