Fed's Bullard Says Weak First Quarter Hasn't Altered Outlook

Updated on
  • Weak growth at start of year may reflect seasonal factors
  • Inflation is heading up, but expectations remain low, he says

Fed's Bullard on the U.S. Economy, Dollar, Inflation

Federal Reserve Bank of St. Louis President James Bullard said a growth slowdown in the first quarter is probably related to seasonal factors and hasn’t fundamentally changed the U.S. economic outlook, as inflation has picked up.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.