Ex-Fed President Jim Bullard Reveals What The Fed Should Do Next, How FOMC Decisions Are Made

Показать описание

Jim Bullard, former President of the St. Louis Fed and current Dean of Purdue University's Daniels Business School, discusses the outlook for economic growth, inflation, what the Fed should do next, and how FOMC decisions are made.

*This video was recorded on September 23, 2024

FOLLOW JIM BULLARD:

FOLLOW DAVID LIN:

*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.

0:00 - Intro
2:00 - Economic projections
6:15 - FOMC decision making process
9:50 - Data sources the Fed uses
12:00 - Fed funds rate projection
13:30 - Measures of inflation
17:00 - Long-term economic growth
17:45 - Soft landing in 2025?
19:10 - Neutral rate
21:53 - Recession outlook
24:20 - Senators urged Fed to cut by 75 bps
28:40 - Fed policy in 2022
31:25 - "Policy rate is too high"
33:00 - Central bank "cross-communication"
34:35 - How the Fed decided on a cut
36:18 - Risks to the economy
38:00 - Most memorable experience at the Fed

#economy #federalreserve

Рекомендации по теме

Комментарии

Ex-St. Louis Fed President Jim Bullard predicts end of zero interest rates, no recession in 2025. Do you agree?

TheDavidLinReport

The FED knows. They aren't committed to attacking inflation. They are going to continue to inflate, stocks and commodities will continue to go up with everything else. You can't just sit on cash waiting for a crash, get your money working for you, start buying in slowly and then gradually increase the pace of buying as the prices continue to drop.

TeresaLiam-zo

There should have been absolutely NO Fed Rate Cuts. Period, full stop.
I disagree with Jim Bullard on most of what was presented here.
I'm hearing Academic/Economist rationales and not hard core banking practices.
Let the market set the interest rates.

jackwalsh

An EX Fed Zchief now running a major university business school???? Unbelievable
Should be making license plates instead!

tapptom

What does this say about our economy if we can’t have rates above zero? What a joke

TraderTech

This guy thinks the fed acted appropriately at the right time to “fight” inflation. Give me a break.

gastUCR

Job growth was "stunningly positive" in 2022 - due to all the automatic re-hiring after the pandemic shut down passed. So, to say growing employment numbers were the reason the recession wasn't announced is very near-sighted.

AB-mlfm

The Federal Reserve's 50 basis point rate cut sparked a mixed market reaction, with initial gains giving way to caution, as investors weighed the boost to economic growth against concerns the Fed may be "behind the curve" in addressing weakening labor markets and potential recession.

JasonAmir-qouo

The price of gold has increased in price by 36.79%, since last year. This guy is talking about inflation near the 2% target going into next year. I am guessing next year this guy is going to complain he doesn't have a crystal ball.

josephpurdy

Another Keynesian arguing for debt slavery

kdubs

It's not hard to tell which side of the isle this guy is on. Just like when Sahm was on, fumbling her words and falling over her own feet to not believe her own rule.

Soupy

Kudos for agreeing to this interview. The audience here is not the most friendly one 😂

karolmetal

Thanks David for putting my question in the interview! 🥂 Great episode per usual!

i knew i should have offered myself to be David Lin’s personal assistant when he started his channel. Now he’s prime time. Damb it!

cnsmiles

ALL Fed mouthpieces should just shut up, let JPOW do the talking when-as needed. Too much Fed-speak by reps lying and obfuscating repeatedly.

joewarren

He says the quiet part out loud 😂😂😂 All they care about is Wallstreet

joshuaburns

Did ask him about the insider trading scandal at the Federal Reserve?

AKA_The_Chat

Hard to get someone who is responsible for the money printing problems to admit it’s an inflation driver.

granth

Great interview David, great questions, your problem however is that you are smarter than some the guests you interview. I’m with Hanke, and in the hard landing camp.

robertjosan

Was he ever right about anything?! Rhetorical question…

nauy

Ex-Fed President Jim Bullard Reveals What The Fed Should Do Next, How FOMC Decisions Are Made

Ex-Fed President Jim Bullard Reveals What The Fed Should Do Next, How FOMC Decisions Are Made

Stocks tumble at open after remarks by St. Louis Fed's James Bullard

St. Louis Fed's Bullard: Front loading shows you're serious about fighting inflation

St. Louis Fed President James Bullard: December rate hike was 'a step too far'

Bullard Weighs In on Inflation, Expects Fed to Cut

Former St. Louis Fed Pres. Bullard: March jobs report shows 'the economy is running pretty hot&...

St. Louis Fed Pres. Bullard: Markets hate uncertainties

Fed's James Bullard Discusses His Economic Growth Forecasts | CNBC

St. Louis Fed's James Bullard: Supply shock accommodated by easy monetary policy leads to infla...

James Bullard on FAIT, Nominal GDP Targeting, and the Fed’s Upcoming Framework Review

The Economic Outlook for the U.S. Economy with James Bullard

St. Louis Fed President Bullard on Monetary Policy and Economic Inequality

Fed's Bullard is optimistic that, 'things will get pretty close to normal by the fourth qu...

Bullard: Fed Has to Get Rate Up, Not Just Rely on Market

Fed's Bullard Says Credibility of Inflation-Targeting Is at Risk

Several factors could make 2023 a disinflationary year, says Fed's Bullard

Fed's Bullard on Rate Hikes and Inflation Fight

Fed's Bullard on New Policy Approach, Inflation Target

Fed Needs to Keep Raising Rates, Bullard Says

James Bullard on U.S. Economy and Monetary Policy

St. Louis Fed's James Bullard Talks Bitcoin And The Economy | CNBC

James Bullard SAID WHAT? FED EMERGENCY MEETING

Fed's Bullard: Fed should moderate normalization campaign

Former NYC Mayor de Blasio on Biden's approval ratings; Fed's Bullard talks rate hikes and...