(Pres. Bullard is scheduled to deliver these remarks, but at the time of posting his flight is delayed.) Federal Reserve Bank of St. Louis President James Bullard discussed “International Monetary Stability: A Multiple Equilibria Problem?” on Thursday during a conference hosted by the Hoover Institution at Stanford University. During his remarks, he addressed whether monetary policy should be better coordinated across countries, noting that the debate over this classic question in international macroeconomics has once again moved to center stage in recent years. To help answer this question, he compared the ... (full story)