Here's James Bullard's Big Market Moving Presentation On QE And The Big Risks To The Economy

James Bullard

St. Louis Federal Reserve Chairman James Bullard has outlined his risks to the U.S. economy in a speech this morning, and detailed what he wants to see in terms of an exit strategy from the Fed’s current easy money policies.

The speech, made in Prague, points out four sources of instability impacting the U.S. economy right now:

  • The crisis in Japan
  • Chaos in the Middle East impacting oil prices
  • U.S. fiscal situation
  • European sovereign debt crises

Nevertheless, Bullard wants to see the U.S. gradually move to end its quantitative easing program, and reportedly said he could see the current program cut short by $100 billion. His comments come just days after Fed President Plosser outlined a comprehensive exit strategy for the Fed.

We have the notes from his presentation below, including why Bullard feels now is the time to discuss a Fed exit strategy.

Now here's why Bernanke thinks the fuel price spike doesn't merit a rate hike.

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.