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Fed’s Bullard: financial stability poses potential risk for economy By Reuters

© Reuters. FILE PHOTO: St. Louis Fed President James Bullard speaks in regards to the U.S. economy throughout an interview in New York February 26, 2015. REUTERS/Lucas Jackson/File Photo

(Reuters) – Federal Reserve Bank of St. Louis President James Bullard stated on Monday that the Fed is taking financial instability on board as a “potential risk” for the U.S. economy because the pandemic nears an finish and the restoration good points steam.

“We monitor financial stability very closely,” Bullard instructed Yahoo Finance. “I would say instability risks are higher than normal, but still not at an alarming level.”

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