BLOOMBERG Bloomberg Bottom Line With Mark Crumpton February 12, 2014
White house state dinner. Michael mckee has highlights of his exclusive interview with st. Louis fed president James Bullard. Michael is with me in studio. This was a wideranging interview that you had today with mr. Bullard. What are some of the highlights . He sees much better growth this year than many other people. Three percent or better. He says the on implement rate could come down to 6. 3 six percent by the end of the year. The fed has a conundrum. They anticipated 6. 5 two years from now, and that was the threshold to talk about raising Interest Rates. What happens if you hit six perc...