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Economy and Monetary Policy

Economy and Monetary Policy

  • What Is the Best Strategy for Extending the U.S. Economy's Expansion?

    In Chicago, St. Louis Fed President James Bullard discussed a possible strategy for extending the U.S. economic expansion. He said his preferred approach relies on placing more weight on financial market signals than has been customary in past U.S. monetary policy strategy.


  • How to Extend the U.S. Expansion: A Suggestion

    In New York, St. Louis Fed President James Bullard laid out a possible strategy for extending the U.S. economic expansion. The strategy relies on placing more weight on financial market signals, such as the slope of the yield curve and market-based inflation expectations, than is customary.


  • Blockchain, Cryptocurrencies and Central Banks

    Economist David Andolfatto covers the basics of blockchain technology, the underlying structure for cryptocurrencies like bitcoin. Additional topics include the role of central bank-issued digital currency and the impact it could have on our current payment system and the global economy.


  • Assessing the Risk of Yield Curve Inversion: An Update

    In Glasgow, Ky., St. Louis Fed President James Bullard talked about the possibility that the yield curve would invert, which he first discussed in a speech on Dec. 1, 2017. “Since then, events have transpired that have flattened the yield curve further, and imminent yield curve inversion in the U.S. has become a real possibility,” he said.


  • President Bullard Speaks at Ascension Investment Management's Annual Conference

    President Bullard discusses inflation expectations, the possibility of yield curve inversion, cryptocurrencies, trade and other topics at Ascension Investment Management conference in St. Louis, June 28, 2018.


  • A Cautionary Note on U.S. Monetary Policy Normalization

    In Tokyo, St. Louis Fed President James Bullard discussed three reasons why caution may be justified in deciding whether to raise the U.S. policy rate further in the near term. The reasons relate to inflation expectations, the neutral policy rate and the flattening yield curve.


  • Non-Uniform Currencies and Exchange Rate Chaos

    Speaking in New York, St. Louis Fed President James Bullard discussed how the current cryptocurrency wave may be driving the U.S. uniform currency system toward something more like the global non-uniform currency system, which is characterized by volatile exchange rates.


  • Staying Ahead of the Yield Curve

    Since the FOMC began raising its policy rate, the spread between short- and long-term interest rates has narrowed, with the yield curve flattening. Economist Chris Waller discusses what this can reveal about the economy.


  • A Lost Generation? Young Families after the Great Recession

    Researcher Lowell R. Ricketts compares and contrasts three decades of the wealth gains and losses of typical families headed by people born between 1930 and 1989.