Regional President Speech

Home > Latest from President Bullard > Speeches, Presentations and Commentary From the President Removing Monetary Policy Accommodation March 2, 2022 Presentation (pdf) | Press Release During a presentation for Greater St. Louis, Inc., St. Louis Fed President Jim Bullard said that the U.S. real economy has more than fully recovered from the pandemic recession and is expected to grow faster than its longer-run potential growth rate in 2022. Meanwhile, U.S. in�ation is running well above the FOMC’s target. Current U.S. monetary policy is set at peak accommodation, which is putting upward pressure on in�ation, Bullard said. “This situation calls for rapid withdrawal of policy accommodation in order to preserve the best chance for a long and durable expansion,” he added. 

James Bullard (2022, March 1). Regional President Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/regional_speeche_20220302_james_bullard

@misc{wtfs_regional_speeche_20220302_james_bullard,
  author = {James Bullard},
  title = {Regional President Speech},
  year = {2022},
  month = {Mar},
  howpublished = {Speeches, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/regional_speeche_20220302_james_bullard},
  note = {Retrieved via When the Fed Speaks corpus}
}