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Two Views of International Monetary Policy Coordination

April 7, 2014

St. Louis Fed President James Bullard discussed a traditional view and an alternative view of monetary policy coordination at the 27th Asia/Pacific Business Outlook Conference. While he noted that there is room for debate, Bullard endorsed the traditional view, in which policymakers follow good policy focused on domestic variables and the gains from international monetary policy coordination are small.

Presentation (pdf) | Press Release

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Similar remarks were also given at the 17th Annual Asian Investment Conference, Hong Kong, China, March 27, 2014.

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