President Bullard Speaks with Bloomberg about U.S. Economy, Monetary Policy - Part 3: Fed's Monetary Policy Tools
July 1, 2016
St. Louis Fed President James Bullard noted that unemployment and inflation are very close to the Fed’s mandated outcomes. If a shock were to hit the economy, however, he noted that the Fed has tools it could use, such as quantitative easing and forward guidance.
More from the interview:
- Part 1: U.S. Growth Outlook
- Part 2: New Characterization of Outlook
- Part 3: Fed's Monetary Policy Tools
