President Bullard Discusses U.S. Monetary Policy, Labor Markets, GDP on CNBC Asia

May 25, 2016

St. Louis Fed President James Bullard said in Singapore that U.S. labor markets are at or beyond full employment, which is probably the strongest argument for raising interest rates. However, he noted that other factors, such as the below-trend real GDP growth over the past year, may be causing some hesitancy.

During an interview on CNBC Asia, he also shared his views on data dependence regarding monetary policy decisions, press conferences after FOMC meetings and the impact of Britain’s possible exit from the European Union.

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James Bullard

James Bullard
President and Chief Executive Officer

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Adriene Dempsey

Executive Assistant to the President
Margo Gundlach

Senior Vice President and Chief of Staff to the President
Cletus C. Coughlin

Senior Economist and Special Assistant to the President
Riccardo DiCecio

Biographical

"Rationally, let it be said in a whisper, experience is certainly worth more than theory."
Amerigo Vespucci

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