February 2, 2013 8:49:43 PM
STARKVILLE -- James Bullard, president and chief executive officer of the Federal Reserve Bank of St. Louis, will be a special guest Feb. 14 at a campus forum organized by Mississippi State's College of Business.
Bullard will speak at a luncheon at the Hunter Henry Center given by the college's finance and economics department. Members of the university and Golden Triangle communities are being invited to the 11:30 a.m. event.
The lunch is complimentary, but space is limited. Persons interested in attending must register in advance at business.msstate.edu/special/bullard and bring their printed registration confirmation.
On the day of the forum, registration will be open 11 a.m.-11:30 a.m. Bullard's presentation begins at 11:45.
An Indiana University doctoral graduate in economics, Bullard will share his insights on the U.S. economic climate and current monetary policies.
A member of the Federal Open Market Committee, he directs activities of the Federal Reserve's Eighth District head office in St. Louis, and its branches in Little Rock, Ark., Louisville, Ky., and Memphis, Tenn.
"As one of 12 members of the Federal Open Market Committee, Dr. Bullard participates in targeting key interest rates and setting general monetary policy for the U.S. economy. He gives counsel and advice to the chairman of the Federal Reserve, Ben Bernanke, and he monitors economic conditions in the Eighth District, which includes North Mississippi," said Kevin Rogers, MSU professor of finance and economics and associate dean of the College of Business.
An economist and monetary policy scholar, Bullard joined the Federal Reserve Bank in 1990. His research has appeared in numerous professional journals, including the American Economic Review, Journal of Monetary Economics, Macroeconomic Dynamics and Journal of Money, Credit and Banking. A peer reviewer for many periodicals, he currently serves as co-editor of the Journal of Economic Dynamics and Control. In addition, he has participated in more than 150 conferences, symposia and lectures around the world.
Since becoming president in 2008, Bullard has called for the FOMC to adopt state-contingent policy and to give greater consideration to headline inflation than core inflation when deciding monetary policy. In the wake of the financial crisis, he supported quantitative easing and warned about the possibility of the United States' falling into a Japanese-style deflationary trap.
A native of Forest Lake, Minn., Bullard also holds bachelor's degrees in economics and in quantitative methods and information systems from St. Cloud State University in St. Cloud, Minn.
He is an honorary professor of economics at Washington University in St. Louis, where he also serves on the advisory councils of the economics department and of the Olin Business School's Center for Finance and Accounting Research. He also is a member of the University of Missouri-St. Louis Chancellor's Council and the boards of the St. Louis Regional Chamber and Growth Association and the United Way of Greater St. Louis. For additional information, visit research.stlouisfed.org/econ/bullard/.