⁍ St. Louis Fed president James Bullard: ‘We are at a moment where you may see some inflation’
Bullard: ‘Huge fiscal deficits which historically have been a catalyst for inflation

– The H1N1 virus has caused supply chains to slow down around the world, and that could lead to higher inflation in the US, a Federal Reserve official said today. “You have more relaxed central banks …Huge fiscal deficits which historically have been a catalyst for inflation, and you have possible bottlenecks” in global supply chains because of the virus, St. Louis Fed President James Bullard told a conference. “We are at a moment where you may see some inflation,” he added, according to Reuters.