speeches · February 23, 2016
Regional President Speech
James Bullard · President
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More on the Changing Imperatives for U.S. Monetary Policy
Normalization
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February 24, 2016
St. Louis Fed President James Bullard said that recent
data-based developments—namely, further declines in
in ation expectations and a reduced risk of asset price
bubbles—likely give the FOMC more leeway in its
normalization program. During his presentation to the
Money Marketeers of New York University, he discussed
whether in ation expectations have fallen too far for
comfort and raised concerns about central bank credibility
with respect to the in ation target. He also reiterated that
the FOMC may wish to consider changes to the way it
approaches the policy rate projections in the Summary of
Economic Projections.
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Cite this document
APA
James Bullard (2016, February 23). Regional President Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/regional_speeche_20160224_james_bullard
BibTeX
@misc{wtfs_regional_speeche_20160224_james_bullard,
author = {James Bullard},
title = {Regional President Speech},
year = {2016},
month = {Feb},
howpublished = {Speeches, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/regional_speeche_20160224_james_bullard},
note = {Retrieved via When the Fed Speaks corpus}
}