Register Now for Our Next Dialogue with the Fed on Nov. 13

Don't miss the next in the St. Louis Fed's ongoing discussions series, "Dialogue with the Fed," on Tuesday, Nov. 13, 2012.  B. Ravikumar, vice president, and YiLi Chien, economist, both with the Research division, will discuss “Emerging Giants: Perspectives on China and India.”  Cletus Coughlin, senior vice president and policy adviser to the president of the St. Louis Fed, will moderate the question-and-answer session following the presentation.  Seats are filling up fast.

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Headlines

• 10/18 | The Impact of School Choice on Future Income 
• 10/11 | St. Louis Fed Releases Second Quarter Housing Market Conditions Report
• 10/10 | Beige Book: Economic Activity Generally Expanded at a Modest Pace 
• 10/05 | Lesson from the Great Inflation 

Upcoming Events

• 10/23 | St. Louis, Mo.
  Annual Educators Conference - St. Louis Location
• 10/25 - 10/26 | St. Louis, Mo.
  Promising Pathways to Wealth-Building Financial Services
• 10/25 | Little Rock, Ark.
  Dinner with an Economist: Comparing the Great Depression and the Great Recession
• 11/01 | Louisville, Ky.
  Inner-City Commercial District Revitalization: The Power of Partnerships

System News

• 10/18 | Federal Reserve Board announces Community Depository Institutions Advisory Council members 
• 10/14 | Speech by Chairman Bernanke on U.S. monetary policy and international implications 
• 10/11 | Speech by Governor Stein on evaluating large-scale asset purchases 
• 10/11 | Speech by Vice Chair Yellen on Japan in the global economy 

 

From the President

October 4, 2012

"Price Level Targeting: The Fed Has It About Right"

At the Economic Club of Memphis, St. Louis Fed President James Bullard discussed price level targeting, nominal GDP targeting and the problem of too much debt in the aftermath of the financial crisis.

Presentation (PDF) | Press Release

October 2012

"Monetary Policy and the Expected Adjustment Path of Key Variables"

In an Economic Synopses essay, President James Bullard argues that, following a shock to the economy, we should expect employment and inflation to return to normal slowly and steadily; that is, "missing on both sides of the mandate" should be expected under an appropriate monetary policy. For related reading, see Bullard's column in the October issue of The Regional Economist and his Financial Times op-ed on Sept. 19.

Economic Synopses essay
The Regional Economist column
Financial Times op-ed

Bio | President's Web Site
Upcoming Events

Multimedia