Economics
Bullard Says U.S. Avoiding Recession Makes Fed Review Well Timed
- Unemployment is at 50-year low, and inflation stable, he says
- Negative rates, not as popular in U.S., could be studied
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Federal Reserve Bank of St. Louis President James Bullard called current U.S. economic conditions “quite good” and said the goal of the central bank’s policy framework review should be to avoid a Japan-style deflationary trap.