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In the Media | April 2015

Fed's Bullard Renews Call for Rate Hike

By Sam Fleming
Financial Times, April 15, 2015. All Rights Reserved.

US growth is set to remain relatively "robust" and low inflation is due largely to temporary factors, St Louis Federal Reserve president James Bullard said in a speech on Wednesday morning in Washington DC. 

He renewed his recent calls for higher interest rates, in part because of the risks of stoking up asset bubbles by leaving them at near zero levels, reports the FT's Sam Fleming.

Read more:
 http://www.ft.com/intl/fastft/308482/us-growth-remain-relatively-robust-feds-bullard
 

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Working Paper No. 1055
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Author(s): L. Randall Wray, Eric Lin
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