July 1, 2016
St. Louis Fed President James Bullard noted that unemployment and inflation are very close to the Fed’s mandated outcomes. If a shock were to hit the economy, however, he noted that the Fed has tools it could use, such as quantitative easing and forward guidance.
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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
