Economics
Fed’s Bullard Urges Start of Bond Taper With Jobs Goals Met
- St. Louis chief: ‘It is time to end these emergency measures’
- The goal of substantial progress on jobs has been met, he says
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Federal Reserve Bank of St. Louis President James Bullard said the central bank has met its goal of achieving “substantial further progress” on both inflation and employment, urging policy makers to move forward in reducing stimulus.