Insurance against Downside Risk for the U.S. Economy

James Bullard

No 350, Speech from Federal Reserve Bank of St. Louis

Abstract: During a presentation in London, St. Louis Fed President James Bullard noted that the U.S. economy is slowing down relative to 2017 and 2018. The economy faces downside risk that may cause a sharper-than-expected slowdown, which ?may make it more difficult for the Federal Open Market Committee (FOMC) to achieve its 2% inflation target,? he said.

Pages: 28 pages
Date: 2019-10-15
New Economics Papers: this item is included in nep-ias, nep-mac and nep-rmg
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