• March 24, 2017

    Current Monetary Policy, the New Fiscal Policy and the Fed’s Balance Sheet

    Before the Economic Club of Memphis, President James Bullard discussed the current “regime” of low real GDP growth and low real interest rates on short-term government debt, the possible impact of the new fiscal policy on this regime, and the Fed’s balance sheet.
    Presentation (pdf) | Press Release | Photos of Memphis-Area Tour

  • February 28, 2017

    The Role of the Fed’s Balance Sheet for the U.S. Monetary Policy Outlook in 2017

    Now may be a good time for the Federal Open Market Committee (FOMC) to begin allowing the balance sheet to normalize by ending reinvestment, St. Louis Fed President James Bullard said at George Washington University in Washington, D.C.
    Presentation (pdf) | Press Release

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