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Expected U.S. Macroeconomic Performance during the Pandemic Adjustment Period

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Abstract

St. Louis Fed President James Bullard recommends declaring a “National Pandemic Adjustment Period” and discusses three broad goals of macroeconomic policy during this period.

Suggested Citation

  • James B. Bullard, 2020. "Expected U.S. Macroeconomic Performance during the Pandemic Adjustment Period," The Regional Economist, Federal Reserve Bank of St. Louis, vol. 28(1), March.
    • Handle: RePEc:fip:fedlre:88307
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    File URL: https://www.stlouisfed.org/publications/regional-economist/first-quarter-2020/bullard-pandemic-adjustment-period
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    Cited by:

    1. R Maria del Rio-Chanona & Penny Mealy & Anton Pichler & François Lafond & J Doyne Farmer, 2020. "Supply and demand shocks in the COVID-19 pandemic: an industry and occupation perspective," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 36(Supplemen), pages 94-137.
    2. Michal Brzoza-Brzezina & Marcin Kolasa & Krzysztof Makarski, 2022. "Monetary Policy and COVID-19," International Journal of Central Banking, International Journal of Central Banking, vol. 18(1), pages 41-80, March.
    3. Lepetit, Antoine & Fuentes-Albero, Cristina, 2022. "The limited power of monetary policy in a pandemic," European Economic Review, Elsevier, vol. 147(C).
    4. policy, Work stream on macroprudential & Policy, Monetary & Stability, Financial & Albertazzi, Ugo & Martin, Alberto & Assouan, Emmanuelle & Tristani, Oreste & Galati, Gabriele & Vlassopoulos, Thomas , 2023. "The role of financial stability considerations in monetary policy and the interaction with macroprudential policy in the euro area," Occasional Paper Series 272, European Central Bank.
    5. policy, Work stream on macroprudential & Albertazzi, Ugo & Martin, Alberto & Assouan, Emmanuelle & Tristani, Oreste & Galati, Gabriele & Vlassopoulos, Thomas, 2021. "The role of financial stability considerations in monetary policy and the interaction with macroprudential policy in the euro area," Occasional Paper Series 272, European Central Bank.

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    Keywords

    Macroeconomic policy; Pandemic;

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