Comments from Federal Reserve's Bullard

  • Says Fed should use higher interest rates to protect against formation of a macroeconomic bubble
  • Says low interest rates tend to feed asset bubbles
  • Tech stock bubble concerns have resumed, but companies in sector are stronger than in late 1990s

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James Bullard, President and CEO of the Federal Reserve Bank of St. Louis. He gets a vote on the FOMC in 2016.

He'll be taking questions from reporters after the speech, so there will be more from him