Regional President Speech

Search Site Home > James Bullard, President and CEO > James Bullard - Speeches, Presentations and Commentary > The FOMC: Ahead on Results, Behind on Rates From the President Key Policy Papers Speeches, Presentations and Commentary Research Papers Media Interviews October 2, 2014 With the FOMC's QE3 program coming to an end, St. Louis Fed President James Bullard compared expectations at the time it was launched in September 2012 with actual outcomes. During an event in Tupelo, Miss., he noted that the U.S. economy has outperformed what the FOMC expected two years ago but that the policy rate normalization process remains far behind the schedule laid out at that time. He interprets this as a degree of patience on the part of the FOMC with respect to policy rate liftoff. Presentation (pdf) Related News Articles: Bullard Says Fed Is 'Patient' Given Progress on Unemployment, by Steve Matthews, Bloomberg. Fed Showing Lots of Patience Holding Off On Rate Hikes, Fed's Bullard Says, by Michael S. Derby, The Wall Street Journal. Economy has exceeded Fed forecasts, o cial says, by Dennis Seid, Northeast Mississippi Daily Journal. Bullard says Fed 'far behind' schedule for interest rate hike, by Michael Flaherty, Reuters. Bullard: Fed's bond buying worked, time to raise rates, by Greg Edwards, St. Louis Business Journal. James Bullard President and Chief Executive O cer Bio Curriculum Vitae Staff Contacts IDEAS/RePEc Pro le Photos Videos Subscribe: Email alerts RSS "Rationally, let it be said in a whisper, experience is certainly worth more than theory." Amerigo Vespucci GENERAL Home About Us Bank Supervision Careers Community Development Economic Education Events Inside the Economy Museum Newsroom On the Economy Blog Open Vault Blog OUR DISTRICT Little Rock Branch Louisville Branch Memphis Branch Agricultural Finance Monitor Housing Market Conditions SELECTED PUBLICATIONS Bridges Economic Synopses Housing Market Perspectives In the Balance Page One Economics The Quarterly Debt Monitor Review Regional Economist ST. LOUIS FED PRESIDENT James Bullard's Website INITIATIVES Center for Household Financial Stability Dialogue with the Fed Federal Banking Regulations FOMC Speak In Plain English - Making Sense of the Federal Reserve Timely Topics Podcasts and Videos DATA AND INFORMATION SERVICES CASSIDI® FRASER® FRED® FRED® Blog GeoFRED® IDEAS FOLLOW THE FED Twitter Facebook YouTube Google Plus Email Subscriptions RSS CONTACT US | LEGAL INFORMATION | PRIVACY NOTICE & POLICY | FEDERAL RESERVE SYSTEM ONLINE 

James Bullard (2014, October 1). Regional President Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/regional_speeche_20141002_james_bullard

@misc{wtfs_regional_speeche_20141002_james_bullard,
  author = {James Bullard},
  title = {Regional President Speech},
  year = {2014},
  month = {Oct},
  howpublished = {Speeches, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/regional_speeche_20141002_james_bullard},
  note = {Retrieved via When the Fed Speaks corpus}
}