Federal Reserve Alert! James Bullard: "Financial stress can be harrowing, but also tends to reduce the level of interest rates"
โContinued appropriate macroprudential policy can contain financial stress, while appropriate monetary policy can continue to put downward pressure on inflationโ
St. Louis Federal Reserve President James Bullard Presentation: "Financial Stress and the Economy," Arkansas Bankers Associationโs 133rd Annual Convention, Day with the Commissioner, Little Rock, Ark.
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