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Macro Musings Podcast Features Bullard on Nominal GDP Targeting, FAIT and More

07-29-2024

Daniels School of Business dean Jim Bullard appeared on the Mercatus Center’s macroeconomics podcast Macro Musings with Mercatus Senior Research Fellow David Beckworth to talk similarities between the Federal Reserve’s flexible average inflation targeting (FAIT) and an alternative nominal GDP targeting framework.

The hour-long conversation touched upon Bullard’s first year as a dean at Purdue, his time at the St. Louis Fed, what to expect from the upcoming Fed framework review, improving the Federal Open Market Committee’s (FOMC) economic reporting, and more.

The Mercatus Center is a research center at George Mason University that works to advance knowledge about how markets work to improve people’s lives and to bridge the gap between academic research and public policy problems.

Listen to Bullard’s podcast episode here.