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Fed's Bullard Wants Fed to Describe Conditions That Would Lead to Tightening
Monday, December 3, 2012
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The Federal Open Market Committee should adopt a "thresholds" approach to monetary policy, whereby it would set levels for inflation and unemployment that would indicate a change in monetary policy rather than using a date to avoid sending "pessimistic signals," according to James Bullard, president and CEO of Federal Reserve...

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