U.S. Economy and Monetary Policy with Pres. James Bullard | Markus Academy | Ep. 91

Follow the link for the full summary: https://markusacademy.substack.com/p/... Link to sign up for the webinar series: https://markusacademy.substack.com/ On Thursday, April 21, James Bullard joined Markus' Academy for a lecture on U.S. Economy and Monetary Policy. Bullard is the president and CEO of the Federal Reserve Bank of St. Louis. Timestamps: [0:00] Introductory Remarks [15:35] U.S. inflation is high, comparable to that in 1974 and 1983 [26:37] Standard Taylor-Type monetary policy suggests the Fed is way behind the curve. [40:27] Credible forward guidance suggests that the Fed is not as far behind the curve [58:23] Risks to Inflation Expectations. [1:09:13] Key takeaways