Catching up comments from Federal Reserve St Louis President James Bullard
- US expansions don't die of old age
- Don't have a lot of inflation in US at moment
- Job market performing well but links to inflation weaker
- Investors see the Fed undershooting inflation goal this year
- Fed has already taken steps to pre-empt too-high inflation
- FOMC has moved in a more doivish direction
- Fed doesn't have to raise rates, at a good level
- low inflation become endemic in largest economies