News Releases and Headlines
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.
“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.
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.
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