scorecardWe asked a Federal Reserve board member 12 questions - here is what he said
  1. Home
  2. finance
  3. We asked a Federal Reserve board member 12 questions - here is what he said

We asked a Federal Reserve board member 12 questions - here is what he said

We asked a Federal Reserve board member 12 questions - here is what he said
Finance1 min read
President and CEO of the Federal Reserve Bank of St. Louis James Bullard gestures during an interview at the Federal Reserve Bank of St. Louis June 8, 2011.    REUTERS/Peter Newcomb

The Federal Reserve decided last week to not hike rates - but St. Louis Federal Reserve Bank President and CEO James Bullard isn't buying the argument.

He has railed against the Federal Reserve's strategy, saying the central bank is playing bad baseball.

He's the Federal Reserve's last remaining true 'hawk', meaning that he is intent on raising rates.

He will sit 2016 will sit on the Federal Open Market Committee, where he'll have a say in monetary policy. FOMC seats rotate between each of the regional Federal Reserve Banks, and this year, he's an alternate on the committee.

Bullard visited Business Insider's New York headquarters and sounded off on a number of topics, from cyber security to global factors challenging the Fed to House Republicans to step up pressure on the central bank.

We've edited Bullard's responses for clarity below.

READ MORE ARTICLES ON




Advertisement