Name: James Bullard
Summary: Changing Imperatives for U.S. Monetary Policy Normalization: "I regard it as unwise to continue a normalization strategy in an environment of declining market-based inflation expectations. I find arguments that these measures have declined due to changing risk premia or related factors unpersuasive because those analyses are too sensitive to the underlying assumptions."
Substantially Similar to Prior Statements: No
Statement Date: February 17, 2016
Publication Date: February 17, 2016All Members All Statements