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Abstract: A simple and prudent approach to current monetary policy is to move the policy settings closer to normal levels now that the goals of policy have been attained, St. Louis Fed President James Bullard said during the Cato Institute's 33rd Annual Monetary Conference in Washington, D.C. However, with the topic of the conference being \"Rethinking Monetary Policy,\" he also discussed the consequences of a situation in which the zero interest rate policy remains a persistent feature of the economy.

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Provider: Federal Reserve Bank of St. Louis

Part of Series: Speech

Publication Date: 2015-11-12

Number: 256