February 25, 2016
St. Louis Fed President James Bullard said that inflation expectations, which have been declining since July 2014, have now fallen too low for comfort.
For additional information, see his Feb. 24 presentation, "More on the Changing Imperatives for U.S. Monetary Policy Normalization."
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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."