St. Louis Fed President Says ‘Bad Luck’ Responsible for Economy


On CNBC Squawk Box:

JAMES BULLARD: The economy, I think 2011, you know, I think the chairman said maybe obliquely, but it’s a bit of bad luck in 2011, I have to say. I was expecting better things in 2011. I thought that that would be the year…

HOST: Bad luck for the economy?

BULLARD: Bad luck for the economy.