The Path Forward for U.S. Monetary Policy in a Global Context: a presentation at OMFIF City Lecture, London, United Kingdom. June 29, 2017

James Bullard

No 288, Speech from Federal Reserve Bank of St. Louis

Abstract: In London, St. Louis Fed President James Bullard said the U.S. economy remains in a ?regime? of low growth, low inflation and low interest rates and that the current level of the fed funds rate target (i.e., the U.S. policy rate) is appropriate given current macroeconomic data. He added that the most likely outcome over the forecast horizon is that the regime persists and, hence, the current level of the policy rate remains appropriate.

Pages: 39 pages
Date: 2017-06-29
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