Wanted: A New Engine for Economic Growth

Consumer spending has long propelled U.S. and global economic growth.  But, based on five current trends (lower average wealth, stagnant incomes for most, etc.), such spending can no longer be counted on.  Finding a replacement is going to be difficult.  Read more in this online-only article in the latest issue of The Regional Economist.

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Headlines

• 02/03 | Employment Dynamics during Economic Recoveries 
• 01/31 | FRED App Now Available for Android Devices 
• 01/27 | St. Louis Fed's Resources on Inflation Targeting 
• 01/25 | FOMC Expects to Maintain a Highly Accommodative Stance for Monetary Policy 

Upcoming Events

• 02/28 | St. Louis, Mo.
  Building a Foundation Together: Personal Finance Education for Minority and Women Students
• 03/07 | Cleveland, Miss.
  Mississippi Asset-Building Symposium
• 04/25 | St. Louis, Mo.
  Get Money Smart
• 06/20 - 06/22 | St. Louis, Mo.
  Advanced Placement Economics

System News

• 02/10 | Speech by Chairman Bernanke on housing markets in transition 
• 02/02 | Testimony by Chairman Bernanke on the economic outlook and the federal budget situation 
• 02/01 | Testimony by Kevin M. Bertsch, Associate Director, Division of Banking Supervision and Regulation, on banking supervision 
• 01/31 | Agencies issue guidance on junior lien loan loss allowances 

 

From the President

Feb. 6, 2012

"Inflation Targeting in the USA"

St. Louis Fed President James Bullard discussed inflation targeting, output gaps and the FOMC's near-zero interest rate policy during a speech at a Union League Club of Chicago event.

Speech (PDF)

Jan. 13, 2012

"Death of a Theory"

St. Louis Fed President James Bullard released a new research paper on fiscal stabilization policy. He presented the main conclusions from his paper at an event in St. Louis.

Paper (PDF) | Executive Summary (PDF) | Presentation (PDF) | Press Release

Bio | President's Web Site
Upcoming Events

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