Five Macroeconomic Questions for 2017

January 12, 2017

Before the Forecasters Club of New York, President James Bullard posed and discussed five key questions: 1) Will the current period of low real (i.e., inflation-adjusted) interest rates on short-term safe assets give way to a period of high real interest rates this year? (2) Will new policies from President-elect Donald Trump’s administration drive the real GDP growth rate higher? (3) Is inflation set to rise? (4) Should the federal funds rate move meaningfully higher this year? and (5) Could the Fed’s balance sheet now be allowed to shrink?

Presentation (pdf) | Press Release

James Bullard

James Bullard
President and Chief Executive Officer

Media requests
Adriene Dempsey

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

More Photos