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St. Louis Fed President James Bullard

July 17, 2014

“Fed Goals and the Policy Stance”

St. Louis Fed President James Bullard discussed the FOMC's macroeconomic goals and the stance of monetary policy during a Greater Owensboro Chamber of Commerce event. He noted that the macroeconomic goals are close to being met; however, the monetary policy settings are far from normal. While this mismatch is not currently causing macroeconomic problems, President Bullard said it takes a long time to normalize policy and the mismatch may cause problems in the years ahead as the economy continues to expand.

News Release | Presentation (PDF)

July 2014

“Tapering and Other Key Topics in U.S. Monetary Policy”

In The Regional Economist, St. Louis Fed President James Bullard shared his views on tapering, the weak first-quarter GDP, developments in the labor market and inflation, and international monetary policy coordination. President Bullard said one welcome development so far this year has been that the Fed’s tapering process has gone relatively smoothly in terms of market reaction.


Bio | President's Website

Fed System News

News from the Fed System comes from various sources, including the Federal Reserve's Board of Governors web site, the Fed's Financial Services web site and other Fed System sites.

09/18 | Speech by Chair Yellen on the importance of asset building for low and middle income households 

09/17 | Federal Reserve Board and Federal Open Market Committee release economic projections from the September 16-17 FOMC meeting 

09/17 | Federal Reserve issues FOMC statement 

09/17 | Federal Reserve issues FOMC statement on policy normalization principles and plans 

Upcoming Conferences and Workshops

09/22 - 09/23 | Kansas City, Mo.
Shift Innovation: Community Development Conference

09/24 | Louisville, Ky.
CRA Roundtable: Investments and Services—Facilitating Access to Capital for Microlending, Entrepreneurship and Small Business in Louisville

09/29 | Bowling Green, Ky.
Teaching Economics through Children's Literature (Elementary)

09/30 - 10/01 | Lexington, Ky.
2014 Kentucky Summit on Philanthropy Strategize. Innovate. Sustain.