Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Standard view
Full view
of .
Look up keyword
Like this
0 of .
Results for:
No results containing your search query
P. 1
Bullard May 2014 Prez

Bullard May 2014 Prez

Ratings: (0)|Views: 7,524 |Likes:
Published by zerohedge
Bullard May 2014 Prez
Bullard May 2014 Prez

More info:

Published by: zerohedge on Jun 09, 2014
Copyright:Traditional Copyright: All rights reserved


Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less





How Far Is the FOMC from Its Goals?
James Bullard
President and CEO, FRB-St. Louis
Tennessee Bankers Association Annual Meeting 9 June 2014 Palm Beach, Fla.
 Any opinions expressed here are my own and do not necessarily reflect those of the Federal Open Market Committee
How far is the FOMC from its goals?
The FOMC is much closer to its goals than at any time in the  past five years.
Unemployment has continued to trend lower.
Inflation is low but moving back toward target.
The monetary policy stance remains far from normal, despite recent reductions in the pace of asset purchases.
Concerns remain about overall labor market performance.
Until recently, inflation was unexpectedly low.

You're Reading a Free Preview

/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->