Brandeis International Business School (IBS) held its annual Municipal Finance Conference August 1-2. Federal Reserve Bank of St. Louis President James Bullard delivered the keynote address on Friday, covering a topic of intense interest to academics and practitioners alike: "the Tapering Debate."
Bullard made headlines this past June when he publicly dissented with the Federal Open Market Committee's policies. More headlines were made this Friday, with correspondents from the Wall Street Journal, Reuters and Bloomberg covering the conference. In his speech, delivered just days after the FOMC's July meeting, Bullard said that he supports the Fed's latest decision to maintain its pace of buying securities, and that they must wait to see more data before making a decision on tapering.
2013 marks the second year of the conference, which is cosponsored by Brandeis International Business School and the Bond Buyer, the daily newspaper for the municipal finance industry.
Related media hits:
- "Fed's Bullard: Need more data before taper question can be settled" - Wall Street Journal
- "Retiree healthcare gap to burden U.S. states, cities: economists" - Reuters
- "Fed bank president cites missteps by policy makers" - Boston Globe
- "Fed's Bullard Urges Wait for 2nd-Half Data Before Tapering" - Bloomberg News
- "Fed's Bullard says more data needed for stimulus tapering decision" - Los Angeles Times
- "Bullard: Fed should hold press conference at every meeting" - interview with Reuters
- "President of St. Louis Fed makes presentation on biggest question facing the Fed" - Business Insider
- "Fed's Bullard backs holding off on tapering " - MarketWatch