Is the Fed “Behind the Curve”? Two Interpretations

James Bullard

Speech from Federal Reserve Bank of St. Louis

Abstract: During a presentation at Princeton University, St. Louis Fed President Jim Bullard presented two interpretations of whether the Federal Reserve is “behind the curve” on raising its policy rate relative to high inflation.

Keywords: inflation; policy rate (search for similar items in EconPapers)
Date: 2022-04-21
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Working Paper: Is the Fed behind the Curve? Two Interpretations (2022)
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