speeches · March 27, 2019
Regional President Speech
James Bullard · President
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From the President
Optimal Monetary Policy for the Masses
April 17, 2019
Presentation (pdf)
In a presentation at the 28th Annual Hyman P. Minsky Conference in Annandale-onHudson, N.Y., St. Louis Fed President James Bullard discussed his working paper on
whether monetary policy can be conducted in a way that bene�ts all households even in a
world with substantial income, �nancial wealth and consumption inequality. In the paper,
nominal GDP targeting constitutes “optimal monetary policy for the masses,” he said.
March 28, 2019
Presentation (pdf) | Transcript (pdf)
Bullard also gave a presentation on this topic at the University of Wisconsin-Madison on
March 28. For additional information, see his related St. Louis Fed On the Economy blog
post, “Can Monetary Policy Bene�t Everyone in Society?,” which was released the same day.
(The paper and blog post are both co-authored with Riccardo DiCecio.)
Bullard’s previous presentations of “Optimal Monetary Policy for the Masses” are also
available.
This video is from the April 17th event in Annandale-on-Hudson, N.Y.
28th Annual Hyman P. Minsky Conferenc…
Having trouble with the video? Watch it here.
Cite this document
APA
James Bullard (2019, March 27). Regional President Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/regional_speeche_20190328_james_bullard
BibTeX
@misc{wtfs_regional_speeche_20190328_james_bullard,
author = {James Bullard},
title = {Regional President Speech},
year = {2019},
month = {Mar},
howpublished = {Speeches, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/regional_speeche_20190328_james_bullard},
note = {Retrieved via When the Fed Speaks corpus}
}