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President's Message: Reassessing Monetary Policy at the Zero Lower Bound

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Abstract

What should monetary policymakers do when the policy rate is effectively at zero? Several colleagues and I have released a working paper that we hope will contribute to the ongoing debate on this question.

Suggested Citation

  • James B. Bullard, 2015. "President's Message: Reassessing Monetary Policy at the Zero Lower Bound," The Regional Economist, Federal Reserve Bank of St. Louis, issue July.
    • Handle: RePEc:fip:fedlre:00080
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    Cited by:

    1. Frankel, Jeffrey A., 2019. "Should the Fed Be Constrained?," Working Paper Series rwp19-003, Harvard University, John F. Kennedy School of Government.

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    Keywords

    Monetary policy; Credit markets;

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