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A Hat Trick for the FOMC
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December 7, 2015
At Ball State University in Muncie, Ind., St. Louis Fed
President James Bullard assessed the Federal Open
Market Committee's forecasts running up to 2015 and
discussed implications for monetary policy. He said that
the forecasts look to have missed on all three key variables
—real GDP growth, unemployment and in ation—and that
the misses are such that they continue to pull the
committee in different directions on monetary policy.
Presentation (pdf) | Press Release

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