Paducah Rotary Club

John Paul Henry

The St. Louis Federal Reserve President says the Fed continues to fine tune financial policies in the continued sluggish economy.

In comments today to the Paducah Rotary Club, President James Bullard said the Fed's lending rate will remain near zero until one of two thresholds are met -  the unemployment rate drops below 6.5 percent, or inflation reaches 2.5 percent.