• November 16, 2016

    In the Aftermath of the Election

    President James Bullard said in a presentation in London that it is likely too soon to tell how the U.S. economy might be impacted by the presidential election. However, he said he has not changed his near-term outlook either for the economy or for monetary policy.
    Presentation (pdf) | Press Release

  • November 10, 2016

    Safe Real Interest Rates and Fed Policy

    Low interest rates are likely to be the norm over the next two to three years, President James Bullard told those attending Commerce Bank's annual economic breakfast in St. Louis. He explained why real (inflation-adjusted) returns on safe assets are so low and what that means for the fed funds rate target.
    Presentation (pdf) | Press Release

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