James Bullard, the President of the St. Louis Federal Reserve, has become the second regional bank President in the last couple months to endorse the concept of breaking up large banks.
James Bullard, president and CEO of the Federal Reserve Bank of St. Louis, said today in an interview with Bloomberg that the Fed shouldn't raise short-term interest rates if inflation is below 1.5%, and that a 1.5% inflation floor ... Read Post
A day after the Federal Reserve in conjunction with the central banks of Canada, Switzerland, Japan, and the UK agreed to intervene and lower dollar swap rates, James Bullard, president of the Federal Reserve Bank of St. Louis said ... Read Post
The Federal Reserve is very close to achieving its policy goals. In June, St. Louis Fed President James Bullard gave a presentation outlining just how close the Fed was to its stated goals. In that presentation, Bullard argued that ... Read Post