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St. Louis Fed President Jim Bullard

"Three Issues for Near-Term Monetary Policy"

During a speech given Oct. 11 before the National Association for Business Economics, St. Louis Fed President James Bullard reaffirmed the need for a Taylor-type policy rule for the Federal Reserve’s asset purchase program. He also expressed concern that inflation risks in the medium term may be higher than widely believed, with too much emphasis being given to the idea that the recession implies that the output gap is currently quite large.

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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.

11/04 | FOMC Leaves Fed Funds Rate Target Range Unchanged 

11/03 | Board Approves Fee Schedule for Federal Reserve Bank Priced Services 

10/30 | Fed Adopts Policy Statement Supporting Prudent Commercial Real Estate Loan Workouts 

10/23 | Bernanke: Financial Regulation and Supervision after the Crisis 

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