Tags: Fed | Bullard | Europe | Crisis | Top | Threat | US

Fed’s Bullard: Europe Crisis ‘Top Threat’ to US Economy

Tuesday, 24 May 2011 03:28 PM

Federal Reserve Bank of St. Louis President James Bullard said he believes Europe’s sovereign-debt crisis poses the biggest threat to the U.S. economic recovery.

“It is the top threat to the U.S. economy today,” Bullard said today in response to audience questions after a speech in Cape Girardeau, Missouri.

“The European policy makers have tremendous resolve” to back the euro, he said.

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Federal Reserve Bank of St. Louis President James Bullard said he believes Europe s sovereign-debt crisis poses the biggest threat to the U.S. economic recovery. It is the top threat to the U.S. economy today, Bullard said today in response to audience questions after a...
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