Regional President Speech
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February 24, 2016 St. Louis Fed President James Bullard said that recent data-based developments—namely, further declines in in ation expectations and a reduced risk of asset price bubbles—likely give the FOMC more leeway in its normalization program. During his presentation to the Money Marketeers of New York University, he discussed whether in ation expectations have fallen too far for comfort and raised concerns about central bank credibility with respect to the in ation target. He also reiterated that the FOMC may wish to consider changes to the way it approaches the policy rate projections in the Summary of Economic Projections. Presentation (pdf) | Press Release
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Cite this document
James Bullard (2016, February 23). Regional President Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/regional_speeche_20160224_james_bullard
@misc{wtfs_regional_speeche_20160224_james_bullard,
author = {James Bullard},
title = {Regional President Speech},
year = {2016},
month = {Feb},
howpublished = {Speeches, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/regional_speeche_20160224_james_bullard},
note = {Retrieved via When the Fed Speaks corpus}
}