Regional President Speech

Home > Latest from President Bullard > Speeches, Presentations and Commentary From the President The First Steps toward Disin�ation June 1, 2022 Presentation (PDF) | Press Release St. Louis Fed President Jim Bullard presented “The First Steps toward Disin�ation” virtually at an event hosted by the Economic Club of Memphis. Bullard noted that in�ation in the U.S. is comparable to levels seen in the 1970s. He added that U.S. in�ation expectations could become unmoored without credible Fed action, possibly leading to a new regime of high in�ation and volatile real economic performance. The Fed has reacted by taking important �rst steps to return in�ation to the 2% target, Bullard said, adding that market interest rates have increased substantially, partially in response to promised Fed action. Meanwhile, U.S. labor markets remain robust, and output is expected to continue to expand through 2022, he said. 

James Bullard (2022, May 31). Regional President Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/regional_speeche_20220601_james_bullard

@misc{wtfs_regional_speeche_20220601_james_bullard,
  author = {James Bullard},
  title = {Regional President Speech},
  year = {2022},
  month = {May},
  howpublished = {Speeches, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/regional_speeche_20220601_james_bullard},
  note = {Retrieved via When the Fed Speaks corpus}
}