St. Louis Fed President James Bullard said on
CNBC the U.S. central bank should drop the word "patient" from
its statement at a March 17-18 meeting, in order "to provide
optionality ... going forward."
"If we take it out, then we can move at any of the meetings
during the summer," he added. "If expected inflation goes back
to more normal levels then I'd have confidence that actual
inflation would follow behind. Through the spring here we'll
have to see evidence of that."
(Reporting by Jonathan Spicer; Editing by Chizu Nomiyama)
[© 2015 Thomson Reuters. All rights
reserved.] Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
![](column_spacer.png) |