Speech
The Path Forward for U.S. Monetary Policy in a Global Context: a presentation at OMFIF City Lecture, London, United Kingdom. June 29, 2017.
Abstract: In London, St. Louis Fed President James Bullard said the U.S. economy remains in a ?regime? of low growth, low inflation and low interest rates and that the current level of the fed funds rate target (i.e., the U.S. policy rate) is appropriate given current macroeconomic data. He added that the most likely outcome over the forecast horizon is that the regime persists and, hence, the current level of the policy rate remains appropriate.
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Provider: Federal Reserve Bank of St. Louis
Part of Series: Speech
Publication Date: 2017-06-29
Number: 288