Statement

Name: James Bullard

Summary: Fed's Bullard Says Oil's Fall May Delay Inflation Return to 2%: "Bullard told reporters after his speech that strong U.S. employment would argue that the FOMC’S median projection of rate increases totaling 1 percentage point this year is “about right,” while inflation and price expectations concerns “would tend to push off rate increases.” Bullard said he would put more weight on expectations if they continue to decline. “Generally speaking, the markets and the committee are not thinking in terms of a January move,” Bullard said. “As far as March, we would want to get more information and see how things play out before we make a judgment.”"

Lean: Dovish

Substantially Similar to Prior Statements: No

Statement Date: January 14, 2016

Publication Date: January 14, 2016

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