Posted By RichC on November 4, 2013
Frequent guest and St. Louis Federal Reserve President Jim Bullard discussed making “decisions by the numbers” on CNBC’s Squawkbox this morning. He offered an opinion that current low inflation and a sluggish economy is keeping the Fed’s “loose money policy” in place and that conditions are not signaling a need to taper. I’m probably not the only one wondering that when conditions change, will the Fed be able to tame the inflation lion or once it begins to roar?
St. Louis Fed Pres. Jim Bullard with CNBC discusses inflation and the taper (1:30 mp3)