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Fed Goals and the Policy Stance
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July 17, 2014
St. Louis Fed President James Bullard discussed the
FOMC's macroeconomic goals and the stance of monetary
policy during a Greater Owensboro Chamber of Commerce
event. He noted that the macroeconomic goals are close to
being met; however, the monetary policy settings are far
from normal. While this mismatch is not currently causing
macroeconomic problems, President Bullard said it takes a
long time to normalize policy and the mismatch may cause
problems in the years ahead as the economy continues to
expand.
Presentation (pdf) | Press Release

James Bullard

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