Perspectives on 2019 Monetary Policy: a presentation at the Power Up Little Rock, Little Rock Regional Chamber, Little Rock, Ark
James Bullard
No 327, Speech from Federal Reserve Bank of St. Louis
Abstract:
?Market-based signals such as low market-based inflation expectations and a threatening yield curve inversion suggest that this window of opportunity has now closed,? he said. He added that the Federal Open Market Committee (FOMC) should heed these important signals in order to keep the U.S. expansion on track for the next several years. ?The FOMC has already been sufficiently pre-emptive over the last two years to contain upside inflation risk,? he told an audience of about 200 business and civic leaders.
Pages: 29 pages
Date: 2019-01-10
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