Statement from the St. Louis Fed

Jim Bullard works hard to maintain the spirit of transparency and active communications to make his views widely known. He shared his views with media before and after the event and covered similar ground in other recent public remarks. The transcript of his Citi Macro Forum remarks is available on his webpage on the St. Louis Fed website. But we are listening to the commentary around this and will think differently about this in the future.

By way of background, the Citi Macro Forum was held around the International Monetary Fund (IMF) meetings in Washington, D.C., and Bullard was one of more than 30 speakers, including 18 central bankers and other public officials from around the world. The agenda and speaker list were provided to the New York Times earlier this week and is attached here.

Bullard finds these forums to be an opportunity not only to share his views but also to listen to others’ questions and perspectives. At the forum, Bullard reiterated views he stated publicly at other points before and during his trip to Washington. In Washington, he conducted an interview with Reuters, held an academic talk with economists at the Peterson Institute (see our website for his slides), participated in a panel discussion at the Reinventing Bretton Woods Committee event that was open to media, and attended the Group of Thirty discussions.