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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.
More from the interview:
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."