Federal Reserve Bank of St. Louis President James Bullard gave remarks Monday on “The U.S. Economy and Monetary Policy,” as part of a panel discussion at the 19th Annual Conference of Montreal, which was organized by the International Economic Forum of the Americas. During his presentation, Bullard discussed some aspects of U.S. economic performance, noting that it can be characterized by slow but steady growth, improving labor markets and limited financial market excess at this point. However, “Inflation in the U.S. has surprised to the downside,” Bullard added. “This configuration of data suggests that the Federal ... (full story)