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2015 Homer Jones Memorial Lecture, St. Louis Fed President
James Bullard, Introduction and Welcoming Remarks
From the President
Key Policy Papers

June 3, 2015

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and Commentary

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8:29

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St. Louis Fed President James Bullard welcomes
attendees to the 2015 Homer Jones Memorial Lecture and
introduces noted economist and monetary policymaker
Athanasios Orphanides, who discussed "Fear of Liftoff:
Uncertainty, Rules and Discretion in Monetary Policy
Normalization."
Orphanides is currently a professor of the Practice of
Global Economics and Management at the MIT Sloan
School of Management, a research fellow with the Londonbased Centre for Economic Policy Research and a member
of the Shadow Open Market Committee. He served a veyear term as governor of the Central Bank of Cyprus and
was a member of the Governing Council of the European
Central Bank from 2007-2012. Previously, he served as
senior adviser with the Federal Reserve Board of
Governors, where he started his professional career as an
economist.
James Bullard, Introduction and Welcoming Remarks
(8:31)
Athanasios Orphanides, Lecture (50:44)
Audience Q&A (20:47)
Full text of President Bullard's remarks.
The Homer Jones Memorial Lecture Series honors those
who exemplify the highest qualities of leadership in

James Bullard
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"Rationally, let it be said in a
whisper, experience is certainly
worth more than theory."
Amerigo Vespucci

economics and public policy. As research director, and
later as senior vice president at the St. Louis Fed, Homer
Jones (1906-1986) played a major role in developing the
Bank as a leader in monetary research and statistics.
For more information about the Homer Jones Memorial
Lecture Series, please visit
research.stlouisfed.org/conferences/homer/.
The Homer Jones Memorial Lecture Series is supported by
the following institutions and organizations:
Federal Reserve Bank of St. Louis
St. Louis Gateway Chapter of the National
Association for Business Economics
Saint Louis University
Southern Illinois University–Edwardsville
University of Missouri–St. Louis
Washington University in St. Louis

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