Bullard, James

Im not that worried today about bubbles, but from here going forwardis the time when we are most vulnerable to the financial bubbles that emerge when easy money policies persist in an economy that has been growing for some time, [Bullard] warned. He noted that even as the Fed edges closer to rate rises it still expect interest rates to stay very low for well into the future. That could be a recipe for financial markets to get into trouble, and he doubts regulatory powers will be enough to reduce the threat, he said.