A Long, Long Way to Go

James Bullard

No 248, Speech from Federal Reserve Bank of St. Louis

Abstract: During an event in Nashville, Tenn., St. Louis Fed President James Bullard discussed the case for monetary policy normalization, noting that the FOMC's objectives for unemployment and inflation have essentially been met but policy settings remain far from normal. He said that, even during normalization, the Fed's highly accommodative policy will be putting upward pressure on inflation, encouraging continued improvement in labor markets, and providing the best contribution to global growth that the Fed can provide.

Pages: 33 pages
Date: 2015-09-19
New Economics Papers: this item is included in nep-mac and nep-mon
Note: September 19, 2015. Presentation. Community Bankers Association of Illinois, Annual Meeting, Nashville, Tenn.
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.stlouisfed.org/~/media/Files/PDFs/Bull ... ille-Sep-19-2015.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlps:248

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Speech from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().