St. Louis Fed's Bullard sets off squabble with activists
Remarks by James Bullard, president of the Federal Reserve Bank of St. Louis, during a televised interview Friday have drawn fire from an activist group that's pressed the nation's central bank to keep interest rates low.
Missouri-based Fed Up had attended an annual central banking conference in Jackson Hole, Wyoming, on Thursday to push for keeping interest rates low and for further economic stimulus to help blacks and Hispanics, who have higher levels of unemployment, Reuters reports.
Bullard,...