Statement

Name: James Bullard

Summary: Fed's Bullard: Stock correction prevented bubble: "Explaining his inflation concerns, Bullard told CNBC Thursday he had thought last year that once oil prices stabilized inflation expectations would increase. "But then starting in November, we had another leg down in the oil markets," he said. "This is too low for comfort, and it's giving me pause.""

Lean: Dovish

Substantially Similar to Prior Statements: No

Statement Date: February 25, 2016

Publication Date: February 25, 2016

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