A Tame Taper
May 16, 2014
St. Louis Fed President James Bullard discussed recent themes in U.S. monetary policy during the Arkansas Day with the Commissioner event. Bullard said that the FOMC's reductions in the pace of asset purchases have proceeded smoothly so far. He also noted that while first-quarter real GDP growth was weak, forecasts for the remainder of the year are strong.
Presentation (pdf) | Press Release
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