- The Fed’s Bullard says $4/gallon gasoline is not impeding consumers but $5/gallon would alter consumer plans
- He’s ‘a bit concerned’ about rising energy prices
- He said the Fed never takes anything off the table in terms of policy
- He sees an “inflationary risk” from the ECB balance sheet program (look in the mirror, buddy)
- Says the US could weather a moderate European recession
- Recent data better than expected
- Sees “tentative signs of improvement” in US housing, will be slow
He was on BNN TV. First time I think I’ve ever seen them interview a current Fed member.
