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2018 Homer Jones Memorial Lecture | St. Louis Fed May 16, 2018 St. Louis Fed President James Bullard welcomed attendees to the annual lecture and introduced this year's speaker, Dr. Kristin Forbes, globally renowned economist. Text version of President Bullard's welcoming remarks » Forbes presented "How Have Shanghai, Saudi and Supply Chains Affected U.S. Inflation Dynamics?" a discussion regarding how globalization may have affected the inflation process. Following the presentation, Forbes conducted a Q&A session with the audience. Read the article in the Federal Reserve Bank of St. Louis Review: How Have Shanghai, Saudi Arabia, and Supply Chains Affected U.S. Inflation Dynamics? Forbes is a former member of the Monetary Policy Committee for the Bank of England – serving during the historic Brexit vote – and a professor at MIT's Sloan School of Management. Her laudable career includes a long track record of publications in top academic journals, as well as the U.S. Treasury Department and the White House Council of Economic Advisers – where she advised the President on a range of international economic issues. Forbes will join us at the St. Louis Fed for one of her first speeches after leaving the Bank of England. Forbes has been honored as one of the top 25 economists under the age of 45 who are "shaping how we think about the global economy," as well as one of the 1,000 "most influential" Londoners. The World Economic Forum has also named her a "Young Global Leader." The St. Louis Fed's annual Homer Jones Memorial Lecture honors those who exemplify the highest qualities of leadership in economics and public policy. Jones (1906-1986), longtime research director at the St. Louis Fed, played a major role in developing the Bank as a leader in monetary research and statistics. Watch past lectures and learn more about the series »