- St. Louis Fed President James Bullard: the Fed is already a "little bit too late" in the tightening of its monetary policy
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11 marzo 2015
St. Louis Fed President James Bullard: the Fed is already a "little bit too late" in the tightening of its monetary policy
The St. Louis Fed President James Bullard said in an interview with the Financial Times on Wednesday that the Fed is already a "little bit too late" in the tightening of its monetary policy. He noted that inflation excluding oil prices is not far below the Fed's 2% target.
Bullard pointed out that recent weak U.S. economic data was likely due to cold winter.
The St. Louis Fed president does not have a vote on the Fed's policy committee.
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