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President Bullard Discusses Income Inequality and Monetary Policy
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June 26, 2014
St. Louis Fed President James Bullard addressed three
questions concerning U.S. monetary policy and income
inequality during remarks at a Council on Foreign Relations
event. He discussed whether quantitative easing affects
income inequality, the impact a higher in ation target may
have on the poor, and whether current monetary policy
hurts savers.
Following his prepared remarks, titled "Income Inequality
and Monetary Policy: A Framework with Answers to Three
Questions," President Bullard answered questions on his
outlook for economic growth, in ation and unemployment;
the FOMC's reinvestment policy; and income, wealth and
consumption inequality.
Video courtesy of the Council on Foreign Relations.

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