Name: James Bullard

Summary: Changing Imperatives for U.S. Monetary Policy Normalization: "I regard it as unwise to continue a normalization strategy in an environment of declining market-based inflation expectations. I find arguments that these measures have declined due to changing risk premia or related factors unpersuasive because those analyses are too sensitive to the underlying assumptions."

Lean: Dovish

Substantially Similar to Prior Statements: No

Statement Date: February 17, 2016

Publication Date: February 17, 2016

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