Still Very Accommodative

James Bullard

No 249, Speech from Federal Reserve Bank of St. Louis

Abstract: September 25, 2015. President James Bullard discussed the case for monetary policy normalization during an event co-sponsored by the Global Interdependence Center and the St. Louis Fed. He noted that, once normalization begins, monetary policy will remain extremely accommodative through the medium term. Following his prepared remarks, he and Laurence Meyer, senior managing director at Macroeconomic Advisers and former Fed governor, participated in a moderated discussion on new directions in monetary policy.

Pages: 35 pages
Date: 2015-09-25
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