Bullard Says Yellen Successor Should Hold More Press Conferences
- This should be “big issue” if Yellen doesn’t get 2nd term
- Trump says Yellen and adviser Gary Cohn are contenders for job
Bullard Says Fed Surprised by Inflation on Downside
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Federal Reserve Bank of St. Louis President James Bullard said Janet Yellen’s successor should consider holding press conference after every policy meeting, if she isn’t picked for a second term at the helm of the U.S. central bank.
“Chair Yellen has had an opportunity to make a decision on this. She’s obviously sticking with the quarterly press conference, but I think this is a very big issue for a new chair,” Bullard told Kathleen Hays in an interview on Bloomberg Radio Wednesday.