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Insurance against Downside Risk for the U.S. Economy

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Abstract

During a presentation in London, St. Louis Fed President James Bullard noted that the U.S. economy is slowing down relative to 2017 and 2018. The economy faces downside risk that may cause a sharper-than-expected slowdown, which ?may make it more difficult for the Federal Open Market Committee (FOMC) to achieve its 2% inflation target,? he said.

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  • James B. Bullard, 2019. "Insurance against Downside Risk for the U.S. Economy," Speech 350, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:fedlps:350
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