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.
While this Fed President can't actually vote this year, he'll be able to next year. Bloomberg: Federal Reserve Bank of St. Louis President James Bullard said policy makers may not start to raise rates until early 2012 while facing a... Read Post
James Bullard, President of the Federal Reserve Bank of St. Louis was on CNBC Monday, December 20, 2010 mostly defending the Fed’s controversial $600 billion Treasury purchasing program (QE2) announced in Nov. What struck me as tota... 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