February 24, 2012 / 6:00 PM / 7 years ago

Fed's Bullard sees risk of higher inflation

NEW YORK (Reuters) - The U.S. economy is facing the threat of higher inflation given the latest round of energy price increases, St. Louis Federal Reserve Bank President James Bullard said on Friday.

“Inflation risks are to the upside from where we are now,” Bullard told reporters after a speech.

Reporting By Pedro da Costa and Jonathan Spicer

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