James Bullard, President and CEO

Recent Updates

Screen shot of St. Louis Fed President James Bullard during video interview with Central Banking Journal | St. Louis Fed
July 10, 2017. Bullard Speaks with Central Banking Journal about Monetary Policy, Fed’s Regional Structure
St. Louis Fed President James Bullard shared his views on several aspects related to U.S. monetary policy, such as the Fed’s quantitative easing programs, the Fed’s inflation target, rules-based monetary policy and the St. Louis Fed’s regime-based approach to near-term forecasts. He also discussed the importance of the Fed’s regional structure and highlighted some other roles of the St. Louis Fed in addition to its monetary policy one. He was interviewed by Central Banking Journal on June 30.
July 3, 2017. Presentation. "Does a Low-Interest-Rate Regime Punish Savers?" Applications of Behavioural Economics and Multiple Equilibrium Models to Macroeconomic Policy Conference, London, United Kingdom.
Presentation (pdf).
President Bullard Speaks with CNBC about Monetary Policy, Banking and Inflation | St. Louis Fed
June 30, 2017. President Bullard Speaks with CNBC about Monetary Policy, Banking and Inflation
In London, St. Louis Fed President James Bullard shared his views on the outlook for the U.S. economy and monetary policy, potential regulatory relief for smaller banks, monetary policy in Europe, and the relationship between unemployment and inflation. He spoke Friday during an interview on CNBC’s Squawk Box Europe.
June 29, 2017. Presentation. "The Path Forward for U.S. Monetary Policy in a Global Context," OMFIF City Lecture, London, United Kingdom.
Presentation (pdf) | Press Release.
In London, St. Louis Fed President James Bullard said the U.S. economy remains in a “regime” of low growth, low inflation and low interest rates and that the current level of the fed funds rate target is appropriate given current macroeconomic data.
"Nominal GDP Targeting With Heterogeneous Labor Supply" with Aarti Singh.
Working Paper (pdf).
June 23, 2017. Presentation. "The Path Forward for U.S. Monetary Policy," Illinois Bankers Association Annual Conference, Nashville, Tenn.
Presentation (pdf) | Press Release.
In Nashville, Tenn., St. Louis Fed President James Bullard said the Fed can wait and see how the economy develops before making any further adjustments to the policy rate. He noted that the U.S. effective federal funds rate has been rising while key policy rates abroad have remained fixed.
"A Case for Shrinking the Fed's Balance Sheet," Federal Reserve Bank of St. Louis The Regional Economist, Second Quarter 2017.
St. Louis Fed President James Bullard explains why he has been an advocate of starting to shrink the Fed’s $4.5 trillion balance sheet by ending the reinvestment policy.
President Bullard Discusses U.S. Monetary Policy, Inflation on Bloomberg | St. Louis Fed
May 30, 2017. President Bullard Discusses U.S. Monetary Policy, Inflation on Bloomberg
In Tokyo, St. Louis Fed President James Bullard shared his views on reducing the size of the Fed’s balance sheet and on the appropriate U.S. policy rate. He also discussed recent readings on inflation, the U.S. price level in recent years, financial conditions, wage growth and other topics on the television program Bloomberg Daybreak: Asia.
May 26, 2017. Presentation. "Current Growth, Inflation and Price Level Developments in the U.S.," Keio University, Tokyo, Japan.
Presentation (pdf) | Press Release.
In Tokyo, St. Louis Fed President James Bullard said that the U.S. price level is falling short of the 2 percent path maintained between 1995 and 2012. He also talked about U.S. real GDP growth, labor markets and other aspects of inflation.
May 19, 2017. Presentation. "Recent Developments in U.S. Monetary Policy," Association for Corporate Growth–Monthly Breakfast Meeting, Olin Business School, Washington University in St. Louis, St. Louis, Mo.
Presentation (pdf) | Press Release.
St. Louis Fed President James Bullard said in St. Louis that U.S. macroeconomic data have been relatively weak since the Federal Open Market Committee (FOMC) met in March and raised the fed funds rate. Financial market readings since then “may suggest that the FOMC’s contemplated policy rate path is overly aggressive relative to actual incoming data.”

James Bullard

James Bullard
President and Chief Executive Officer

Media requests
Laura Girresch

Executive Assistant to the President
Margo Gundlach

Senior Vice President and Chief of Staff to the President
Cletus C. Coughlin

Senior Economist and Special Assistant to the President
Riccardo DiCecio

Biographical

"Rationally, let it be said in a whisper, experience is certainly worth more than theory."
Amerigo Vespucci

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