News Releases and Headlines

10/11 | St. Louis Fed Releases Second Quarter Housing Market Conditions Report

10/10 | Federal Reserve Releases October Beige Book and Related Sound Clip

10/10 | La Reserva Federal publica el Libro Beige (Beige Book) de Octubre y Clip de Sonido

10/09 | *Media Advisory* St. Louis Fed President James Bullard Will Speak at 3rd Annual Economic Forum

October 4, 2012

"Price Level Targeting: The Fed Has It About Right"

At the Economic Club of Memphis, St. Louis Fed President James Bullard discussed price level targeting, nominal GDP targeting and the problem of too much debt in the aftermath of the financial crisis.

Presentation (PDF) | Press Release

October 2012

"Monetary Policy and the Expected Adjustment Path of Key Variables"

In an Economic Synopses essay, President James Bullard argues that, following a shock to the economy, we should expect employment and inflation to return to normal slowly and steadily; that is, "missing on both sides of the mandate" should be expected under an appropriate monetary policy. For related reading, see Bullard's column in the October issue of The Regional Economist and his Financial Times op-ed on Sept. 19.

Economic Synopses essay
The Regional Economist column
Financial Times op-ed

Bio | President's Web Site
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