Federal Reserve Bank of St. Louis President James Bullard discussed “The Low Real Interest Rate Regime Post-Election: Is There a Switch?” on Monday at Arizona State University’s annual economic forecast luncheon. In his presentation, Bullard discussed how the current state of the U.S. economy and monetary policy might be viewed in terms of a “low-safe-real-interest-rate regime” and whether the proposed policies of the incoming White House administration could impact this regime. “Bottom line: Whether the new policies being developed in Washington represent a ‘regime shift’ depends on whether these policies will ... (full story)