Regional President Speech

Home > Former President Jim Bullard > Speeches, Presentations and Commentary From the President Recent Developments in U.S. Monetary Policy September 23, 2019 Presentation (pdf) | Press Release | Photos | Video During a presentation in Ef�ngham, Ill., St. Louis Fed President James Bullard noted that the U.S. economy is slowing down relative to 2017 and 2018. He added that the economy faces downside risk that may cause the slowdown to be sharper than expected. “A sharperthan-expected slowdown may make it more dif�cult for the Federal Open Market Committee (FOMC) to achieve its 2% in�ation target,” he said. He pointed out that the FOMC has tried to help insure against this downside risk by dramatically altering the path of monetary policy during 2019. “The FOMC may choose to provide additional accommodation going forward, but decisions will be made on a meetingby-meeting basis,” he said. Video of Presentation and Audience Q&A: Photos: On Monday, Sept. 23, 2019, St. Louis Fed President James Bullard discussed recent developments in U.S. monetary policy at the E�ngham County Chamber of Commerce. Bullard meets with groups throughout the Eighth Federal Reserve District to share his insights on the U.S. economy as well as gather views from Main Street. Around 70 business and civic leaders attended the event in E�ngham, Ill. Download High Resolution Photo On Monday, St. Louis Fed President James Bullard spoke about recent developments in U.S. monetary policy at the E�ngham County Chamber of Commerce in Illinois. Bullard makes connecting with Main Street a priority for the Bank. Download High Resolution Photo St. Louis Fed President James Bullard spoke with those attending an E�ngham County Chamber of Commerce luncheon on Monday. Interacting with local business and civic leaders in communities like E�ngham, Ill., gives Bullard a better understanding of the economic dynamism in the Eighth District. Download High Resolution Photo On Monday, St. Louis Fed President James Bullard discussed U.S. monetary policy with a group of community bankers from downstate Illinois during a visit to E�ngham, Ill. Shown above (from left to right) are Patricia Clarke, president and CEO of First National Bank of Raymond in Raymond, Ill., and a member of the St. Louis Fed’s board of directors; Bullard; and David Doedtman, president and CEO of Washington Savings Bank in E�ngham and a member of the St. Louis Fed’s Community Depository Institutions Advisory Council. Download High Resolution Photo 

James Bullard (2019, September 22). Regional President Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/regional_speeche_20190923_james_bullard

@misc{wtfs_regional_speeche_20190923_james_bullard,
  author = {James Bullard},
  title = {Regional President Speech},
  year = {2019},
  month = {Sep},
  howpublished = {Speeches, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/regional_speeche_20190923_james_bullard},
  note = {Retrieved via When the Fed Speaks corpus}
}