Statement

Name: James Bullard

Summary: Fed faces the risk of waiting too long: "As James Bullard, the president of the St Louis Fed, put it in an interview with the Financial Times: “You would like to not be feeding into the process of bubble formation with low rates. You would like to hedge your bets against that by edging rates up some, then that will take off some of the risk.”" (It is not clear on which date this interview took place.)

Lean: Hawkish

Substantially Similar to Prior Statements: No

Statement Date: November 16, 2015

Publication Date: November 16, 2015

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