IDEAS home Printed from https://ideas.repec.org/p/fip/fedlps/93742.html
   My bibliography  Save this paper

Interview With St. Louis Fed President James Bullard

Author

Abstract

Last week’s jobs report demonstrated the ongoing strength of the U.S. economy and underscored the need for the Federal Reserve to rein in its stimulus efforts, a Fed official said Tuesday. St. Louis Federal Reserve Bank President James Bullard said that Friday’s report, which showed a healthy gain of 943,000 jobs last month, means the economy is making sufficient progress to start reducing, or tapering, the Fed’s $120 billion in monthly bond purchases. Those purchases, which began last March during the pandemic recession, are intended to lower longer-term interest rates and bolster the economy.

Suggested Citation

  • James B. Bullard, 2021. "Interview With St. Louis Fed President James Bullard," Speech 93742, Federal Reserve Bank of St. Louis.
  • Handle: RePEc:fip:fedlps:93742
    as

    Download full text from publisher

    File URL: https://apnews.com/article/business-ff189925c6ff2b6cfbb851dd3f37ecee
    File Function: Interview transcript
    Download Restriction: no
    ---><---

    Other versions of this item:

    More about this item

    Keywords

    tapering; economic outlook;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedlps:93742. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anna Oates (email available below). General contact details of provider: https://edirc.repec.org/data/frbslus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.