speeches · April 9, 2017
Regional President Speech
James Bullard · President
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April 10, 2017
Presentation (pdf) | Press Release
Speaking in Melbourne at the Australian Centre for
Financial Studies, St. Louis Fed President James Bullard
discussed the current “regime” of low real GDP growth and
low real interest rates on short-term government debt. He
said that given that this regime is unlikely to change soon,
the federal funds rate target is likely to remain low. He
added that the St. Louis Fed is forecasting a relatively at
rate over the next two to three years, which contrasts with
the median projections of the Federal Open Market
Committee (FOMC). He also said that the FOMC can take a
wait-and-see posture regarding possible changes in scal
and regulatory policies.
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Cite this document
APA
James Bullard (2017, April 9). Regional President Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/regional_speeche_20170410_james_bullard
BibTeX
@misc{wtfs_regional_speeche_20170410_james_bullard,
author = {James Bullard},
title = {Regional President Speech},
year = {2017},
month = {Apr},
howpublished = {Speeches, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/regional_speeche_20170410_james_bullard},
note = {Retrieved via When the Fed Speaks corpus}
}