Key questions facing the FOMC—on global uncertainty, U.S. financial conditions, labor markets, inflation and the dollar—were discussed by President James Bullard during an event in Fort Smith, Ark.
Presentation (pdf) | Press Release
A situation in which the zero interest rate policy remains a persistent feature of the economy was discussed by President James Bullard during a conference on "Rethinking Monetary Policy" in Washington, D.C.
Despite the theory of global economic convergence, few developing countries have actually been able to catch up to the income levels in the U.S. or other advanced economies. They remain trapped at a relatively low- or middle-income level.
Since 2009, percentage growth in GDP has been the highest in Asia and Africa and the lowest in Europe, followed by North America. The mediocre performance on the latter two continents could have something to do with their advanced and open financial systems, which might have made it easier for the global financial crisis to spread through them.
Because of its unusually high percentage of older people, Japan is heavily analyzed by other developed economies for studying the impact of aging on a macroeconomy. Does a large older population affect such things as output, inflation and labor force participation?