Speech

A Hat Trick for the FOMC


Abstract: At Ball State University in Muncie, Ind., St. Louis Fed President James Bullard assessed the Federal Open Market Committee's forecasts running up to 2015 and discussed implications for monetary policy. He said that the forecasts look to have missed on all three key variables?real GDP growth, unemployment and inflation?and that the misses are such that they continue to pull the committee in different directions on monetary policy.

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File(s): File format is application/pdf https://www.stlouisfed.org/~/media/Files/PDFs/Bullard/remarks/Bullard-Muncie-IN-7Dec2015.pdf
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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Speech

Publication Date: 2015-12-07

Number: 259