St. Louis Fed President James Bullard speaks about the U.S. economy during an interview in New York

Fed’s Bullard says post-liftoff attention to shift to inflation

by Reuters  |  published on December 7, 2015

Once the Federal Reserve decides to raise interest rates, perhaps as soon as next week, attention will shift to actual movement in inflation to see if the central bank’s economic narrative proves accurate, St. Louis Fed President James Bullard said on Monday.

With unemployment low, policymakers have justified a liftoff of interest rates on the basis of “reasonable confidence” that inflation will rise to two percent and meet the Fed’s second policy goal.

“We are concerned about all the variables … The main one is particularly the inflation variable. We have to see if that actually starts to materialize,” Bullard said.

Read the full article: http://www.reuters.com/article/us-usa-fed-bullard-inflation-idUSKBN0TQ28S20151207#kOFiKHfpS0utYeIM.97

Categories Uncategorized | Tags:

No comments yet - you can be the first!

Comments are closed.

Do you Love your country but hate your government?

Join your fellow Libertarians who seek a world of liberty; a world in which all individuals are sovereign over their own lives and no one is forced to sacrifice his or her values for the benefit of others. Join over 500,000 Americans who get their daily dose of minimal government and maximum freedom with The New Liberty Movement.

We know how important your privacy is and your information is SAFE with us. We’ll never sell
your email address and you can unsubscribe at any time directly from your inbox.
View our full privacy policy.