A Sea Change in U.S. Monetary Policy
Articles, books, and presentations periodically come to our attention we think business owners and their advisors ought to find valuable. This presentation is one of those. Review time is estimated to be about 20 minutes. Thinking time may be much longer.
Question: Who is James Bullard, and what did he say yesterday?
Answer: James Bullard is the President and CEO of the Federal Reserve Bank of St. Louis, one of the twelve independent U.S. Regional Reserve Banks These are intended to ensure that when making U.S. national monetary policy economic conditions throughout the United States are considered.
Yesterday, August 6, Mr. Bullard addressed the National Economists Club in Washington, D.C. His presentation is titled A Sea Change in U.S. Monetary Policy. It is short and to the point. I believe business owners, their advisors, politicians, and anyone else interested in the global and country-specific economies ought to read and think about its contents.
Question: What topics does Mr. Bullard address that influence monetary policy?
Answer: Topics addressed (in alphabetic order) include:
- Federal (Reserve) Open Market Committee (FOMC) policy.
- Global trade negotiations and uncertainties.
- Recent changes to U.S. treasury bill rates.
- The yield curve.
- U.S. economic growth.
- U.S. inflation.
- U.S. real GDP 2018 and prospective growth rate.
One Minute Survey
Tags: Economic Growth, Federal Reserve Bank of St. Louis, financial markets, global trade uncertainties, global trading, Inflation, Interest Rates, James Bullard, trade disputes, trade policy, U.S. Economy, U.S. monetary policy, yield curve