Tue, 10 Dec 2013 08:27:10 GMT
Bullard: U.S. labor market increases probability of tapering
James Bullard, the St.Louis Fed's President, said on Monday that the improving U.S. economy and its labor market increase the probability that the Federal Reserve will reduce stimulus soon. At the same time, he pointed out that the tapering amount should be limited due to very low inflation in the U.S. This year, James Bullard is the FOMC member. Also,