speeches · March 23, 2023

Regional President Speech

James Bullard · President

8/2/23, 4:20 PM

Financial Stress and the Current Macroeconomic Outlook | St. Louis Fed

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Financial Stress and the Current Macroeconomic Outlook March 24, 2023 Presentation (PDF) | Press Release | Video St. Louis Fed President Jim Bullard presented “Financial Stress and the Current Macroeconomic Outlook” at a meeting of Greater St. Louis Inc. He noted that financial stress has been on the rise in recent days and that the macroprudential policy response has been swift and appropriate. He added that regulators stand ready to take additional action if necessary. Meanwhile, incoming data on the U.S. macroeconomy have been stronger than expected, and inflation remains too high, Bullard said. He also noted that FOMC policy has kept marketbased measures of inflation expectations relatively low, which bodes well for disinflation during 2023. Continued appropriate macroprudential policy can contain financial stress, while appropriate monetary policy can continue to put downward pressure on inflation, he said.

https://www.stlouisfed.org/from-the-president/speeches-and-presentations/2023/financial-stress-and-the-current-macroeconomic-outlook

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8/2/23, 4:20 PM

Financial Stress and the Current Macroeconomic Outlook | St. Louis Fed

Greater St. Louis, Inc. Hosts St. Louis Fed President James Bullard 2023

Having trouble with the video? Watch the presentation here.

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8/2/23, 4:20 PM

Financial Stress and the Current Macroeconomic Outlook | St. Louis Fed

Doing Business with the Fed Events Federal Reserve Services Visiting the St. Louis Fed Federal Banking Regulations

https://www.stlouisfed.org/from-the-president/speeches-and-presentations/2023/financial-stress-and-the-current-macroeconomic-outlook

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Cite this document
APA
James Bullard (2023, March 23). Regional President Speech. Speeches, Federal Reserve. https://whenthefedspeaks.com/doc/regional_speeche_20230324_james_bullard
BibTeX
@misc{wtfs_regional_speeche_20230324_james_bullard,
  author = {James Bullard},
  title = {Regional President Speech},
  year = {2023},
  month = {Mar},
  howpublished = {Speeches, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/regional_speeche_20230324_james_bullard},
  note = {Retrieved via When the Fed Speaks corpus}
}