President Bullard Speaks with CNBC, Part 5: Unemployment and Inflation
June 30, 2017
In London, St. Louis Fed President James Bullard shared his views on the outlook for the U.S. economy and monetary policy, potential regulatory relief for smaller banks, monetary policy in Europe, and the relationship between unemployment and inflation. He spoke Friday during an interview on CNBC’s Squawk Box Europe.
He said that low unemployment in the U.S. and other countries isn’t translating into higher wage or price inflation, and that he doesn’t expect it to do so.