Statement

Name: Daniel K. Tarullo

Summary: Fed's Tarullo Remains Worried by Low Inflation Despite Job Gains: "Federal Reserve Governor Daniel Tarullo said economic data received since the central bank met in September had been mixed, as continued low U.S. inflation tempered his enthusiasm over progress made this year in lowering unemployment. “The U.S. economy seems still to be chugging along with modestly above-trend growth,” Tarullo said Monday in an interview on Bloomberg Television. “We’ve certainly seen continued improvement in the labor market, but the environment for inflation is still one where there is still a lot of uncertainty.”"

Lean: Neutral

Substantially Similar to Prior Statements: No

Statement Date: November 23, 2015

Publication Date: November 23, 2015

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