Jim Bullard

Dr. Samuel R. Allen Dean of the Mitch Daniels School of Business
Distinguished Professor of Service and Professor of Economics
Special Advisor to the President
Economics

Education

Ph.D., Economics, Indiana University, Bloomington, Indiana, 1990.
Bachelor of Science, Quantitative Methods and Information Systems, and Economics, St. Cloud State University, St. Cloud, Minnesota, 1984.

James “Jim” Bullard, former president of the Federal Reserve Bank of St. Louis and one of the nation’s foremost economists and respected scholar-leaders, was chosen in July 2023 as the inaugural dean of the reimagined Mitchell E. Daniels, Jr. School of Business at Purdue University.

Bullard, who took the reins as the Dr. Samuel R. Allen Dean on August 15, 2023, is charged with inspiring, further developing and implementing Purdue’s reimagined approach to a top-ranked business school across undergraduate, graduate, executive and research programs, preparing tomorrow’s business leaders and entrepreneurs in the Daniels School that is grounded in the principles of free enterprise, free market economy in generating opportunities and prosperity, and in the hallmarks of a well-rounded Purdue education and with a particular emphasis on tech-driven, analytics-based business success.

To further reflect and to maximize the impact of Bullard’s unique, national leadership experience, he also serves as Special Advisor to the President of the university, reporting to President Mung Chiang in that capacity. Bullard is also a Distinguished Professor of Service and Professor of Economics in the Daniels School.

Serving 15 years as the sitting president and chief executive officer of the Federal Reserve Bank of St. Louis, Bullard earned significant praise and accolades for his long-standing leadership and innovative thinking as part of the Federal Open Market Committee (FOMC) in guiding the direction of U.S. monetary policy. A noted economist and scholar, Bullard had been the longest-serving Federal Reserve Bank president in the country and ranked as the seventh-most influential economist in the world in 2014. His scholarly impact has been based on research-based thinking and intellectual openness to new theories and explanations. That allowed Bullard to be an early voice for economic change, helping the Federal Reserve deftly navigate complex economic landscapes such as the COVID-19 pandemic and the financial crisis during his tenure.

Before becoming president in 2008, Bullard served in various roles at the Federal Reserve Bank of St. Louis, starting in 1990 as an economist in the research division and later serving as vice president and deputy director of research for monetary analysis. For 15 years, he directed the activities of the Federal Reserve’s Eighth District, which branches into several states, including an extensive portion of southern Indiana. While serving on the Federal Reserve’s Open Market Committee, Macroeconomic Advisers named Bullard the FOMC's second biggest mover of markets in 2010 behind Chairman Ben Bernanke and the biggest mover of markets in 2011 and 2013.

During his time as an academic economist and financial policy scholar, Bullard’s research has appeared in premier journals, including the American Economic Review; the Journal of Monetary Economics; Macroeconomic Dynamics; and the Journal of Money, Credit and Banking. The majority of his research is some form of macroeconomic analysis, focusing on monetary policy, inflation/deflation, and macroeconomic stability.

Bullard served as an honorary professor of economics at Washington University in St. Louis, where he also sat on the advisory council of the economics department as well as several advisory boards. The St. Louis Post-Dispatch named him the Top Workplace Leader among the region’s large employers as part of its 2018 Top Workplace Awards. Active in the community, Bullard has served on the board of directors of Concordance Academy of Leadership in St. Louis and was formerly the board chair of the United Way U.S.A. He is co-editor of the Journal of Economic Dynamics and Control, a member of the editorial advisory board of the National Institute Economic Review and a member of the Central Bank Research Association’s senior council.

Born in Wisconsin, Bullard grew up in Forest Lake, Minnesota, and received his doctorate in economics from Indiana University in Bloomington. He holds Bachelor of Science degrees in economics and in quantitative methods and information systems from St. Cloud State University in St. Cloud, Minnesota.

Journal Articles

Azariadis, Costas and Bullard, James and Singh, Aarti and Suda, Jacek (2019). "Incomplete Credit Markets and Monetary Policy." Journal of Economic Dynamics and Control vol. 103, 83-101. | Related Website |
Bullard, James and Singh, Aarti (2019). "Nominal GDP Targeting With Heterogeneous Labor Supply." Journal of Money, Credit and Banking vol. 52 (1), 37-77. | Related Website |
Bullard, James (2018). "R-star wars: the phantom menace." Business Economics vol. 53 (2), 60-65. | Related Website |
Bullard, James and Suda, Jacek (2016). "The Stability of Macroeconomic Systems with Bayesian Learners." Journal of Economic Dynamics and Control vol. 62 (1), 1-16. | Related Website |
Antinolfi, Gaetano and Azariadis, Costas and Bullard, James (2016). "The Optimal Inflation Target in an Economy with Limited Enforcement." Macroeconomic Dynamics vol. 20 (Special Issue 2), 582-600. | Related Website |
Bullard, James (2016). "Permazero." Cato Journal vol. 36 (2), 415-429. | Related Website |
Bullard, James and Kliesen, Kevin L. (2015). "Three Challenges to Central Bank Orthodoxy." Business Economics vol. 50 (4), 191-199. | Related Website |
Bullard, James and Eusepi, Stefano (2014). "When Does Determinacy Imply Expectational Stability." International Economic Review vol. 55 (1), 1-22. | Related Website |
Arifovic, Jasmina and Bullard, James and Kostyshyna, Olena (2013). "Social Learning and Monetary Policy Rules." Economic Journal vol. 123 (567), 38-76. | Related Website |
Bullard, James and Singh, Aarti (2012). "Learning and the Great Moderation." International Economic Review vol. 53 (2), 375-397. | Related Website |
Bullard, James and Evans, George W. and Honkapohja, Seppo (2010). "A Model of Near-Rational Exuberance." Macroeconomic Dynamics vol. 14 (2), 166-188. | Related Website |
Bullard, James and Schaling, Eric (2009). "Monetary Policy, Determinacy, and Learnability in a Two-Block World Economy." Journal of Money, Credit and Banking vol. 41 (8), 1585-1612. | Related Website |
Bullard, James and Singh, Aarti (2008). "Worldwide Macroeconomic Stability and Monetary Policy Rules." Journal of Monetary Economics vol. 55 (Supplement), S34-S47. | Related Website |
Bullard, James and Evans, George W. and Honkapohja, Seppo (2008). "Monetary Policy, Judgment and Near-Rational Exuberance." American Economic Review vol. 98 (3), 1163-1177. | Related Website |
Bullard, James and Mitra, Kaushik (2007). "Determinacy, Learnability, and Monetary Policy Inertia." Journal of Money, Credit and Banking vol. 39 (5), 1177-1212. | Related Website |
Bullard, James and Feigenbaum, James (2007). "A Leisurely Reading of the Life Cycle Consumption Data." Journal of Monetary Economics vol. 54 (8), 2305-2320. | Related Website |
Bullard, James and Cho, In-Koo (2005). "Escapist Policy Rules." Journal of Economic Dynamics and Control vol. 29 (11), 1841-1865. | Related Website |
Bullard, James and Eusepi, Stefano (2005). "Did the Great Inflation Occur Despite Policymaker Commitment to a Taylor Rule?" Review of Economic Dynamics vol. 8 (2), 324-359. | Related Website |
Azariadis, Costas and Bullard, James and Ohanian, Lee (2004). "Trend-Reverting Fluctuations and the Life-Cycle Model." Journal of Economic Theory vol. 119 (2), 334-356. | Related Website |
Bullard, James and Waller, Christopher J. (2004). "Central Bank Design in General Equilibrium." Journal of Money, Credit and Banking vol. 36 (1), 95-113. | Related Website |
Bullard, James and Smith, Bruce D. (2003). "The Value of Inside and Outside Money." Journal of Monetary Economics vol. 50 (2), 389-417. | Related Website |
Bullard, James and Smith, Bruce D. (2003). "Intermediaries and Payments Instruments." Journal of Economic Theory vol. 109 (2), 172-197. | Related Website |
Bullard, James and Mitra, Kaushik (2002). "Learning About Monetary Policy Rules." Journal of Monetary Economics vol. 49 (6), 1105-1129. | Related Website |
Azariadis, Costas and Bullard, James and Smith, Bruce D. (2001). "Public and Private Circulating Liabilities." Journal of Economic Theory vol. 99 (1-2), 59-116. | Related Website |
Bullard, James and Duffy, John (2001). "Learning and Excess Volatility." Macroeconomic Dynamics vol. 5 (2), 272-302. | Related Website |
Bullard, James and Duffy, John (1999). "Using Genetic Algorithms to Model the Evolution of Heterogeneous Beliefs." Computational Economics vol. 13 (1), 41-60. | Related Website |
Bullard, James and Russell, Steven (1999). "An Empirically Plausible Model of Low Real Interest Rates and Unbacked Government Debt." Journal of Monetary Economics vol. 44 (3), 477-508. | Related Website |
Bullard, James and Duffy, John (1998). "On Learning and the Stability of Cycles." Macroeconomic Dynamics vol. 2 (1), 22-48. | Related Website |
Bullard, James and Duffy, John (1998). "A Model of Learning and Emulation with Artificial Adaptive Agents." Journal of Economic Dynamics and Control vol. 22 (2), 179-207. | Related Website |
Arifovic, Jasmina and Bullard, James and Duffy, John (1997). "The Transition from Stagnation to Growth: An Adaptive Learning Approach." Journal of Economic Growth vol. 2 (2), 185-209. | Related Website |
Bullard, James and Keating, John (1995). "The Long-run Relationship Between Inflation and Output in Postwar Economies." Journal of Monetary Economics vol. 36 (3), 477-496. | Related Website |
Bullard, James (1994). "Learning Equilibria." Journal of Economic Theory vol. 64 (2), 468-485. | Related Website |
Bullard, James and Butler, Alison (1993). "Nonlinearity and Chaos in Economic Models: Implications for Policy Decisions." Economic Journal vol. 103 (419), 849-867. | Related Website |
Bullard, James (1992). "Time-varying Parameters and Nonconvergence to Rational Expectations Under Least Squares Learning." Economics Letters vol. 40 (2), 159-166. | Related Website |

Working Papers

Bullard, James and DiCecio, Riccardo "Optimal Monetary Policy for the Masses." Federal Reserve Bank of St. Louis working paper | Related Website |
Bullard, James and DiCecio, Riccardo and Singh, Aarti and Suda, Jacek "Optimal Macroeconomic Policies in a Heterogeneous World." Federal Reserve Bank of St. Louis working paper | Related Website |
Bullard, James and Evans, George W. and Honkapohja, Seppo "Near-Rational Exuberance." Federal Reserve Bank of St. Louis working paper | Related Website |
Bullard, James and Duffy, John "Learning and Structural Change in Macroeconomic Data." Federal Reserve Bank of St. Louis working paper | Related Website |
Bullard, James and Smith, Bruce D. "The Value of Inside and Outside Money: Expanded Version." Federal Reserve Bank of St. Louis working paper | Related Website |
Bullard, James and Russell, Steven "How Costly is Sustained Low Inflation for the US Economy?" Federal Reserve Bank of St. Louis working paper | Related Website |

Managing Everyone Everywhere All at Once
James Bullard, the Dr. Samuel R. Allen Dean of Purdue University's Daniels School of Business, has developed an economic model that serves as a benchmark to see how adept U.S. policymakers are at selecting the best policies and provides suggestions for further improvement.
Full story: Managing Everyone Everywhere All at Once

Chances of Fed Rate Hike Are Rising, Bullard Says
James Bullard, former St. Louis fed president and Dean of the Mitchell E. Daniels Jr. School of Business at Purdue University, says the chances of a Federal Reserve rate hike are rising.
Full story: Chances of Fed Rate Hike Are Rising, Bullard Says
James Bullard: Don’t see the Fed doing anything before June
Jim Bullard joined CNBC's Squawk Box to discuss the state of the economy, inflation concerns, impact on the Fed’s interest rate outlook, potential impact of tariffs, and more.
James Bullard Sees ‘Much More to Come’ on Trade War, Tariffs
Daniels School Dean Jim Bullard appeared live on Bloomberg TV.
Inflation will slow this year, allowing Fed to cut rates further
James Bullard told MarketWatch that inflation will slow markedly this year, allowing the central bank to continue to lower interest rates.
Why the Fed is in 'great shape' after holding rates steady
Jim Bullard, former St. Louis Fed president, appears on Market Domination to discuss the Fed's decision, noting that this move was in line with market expectations.
US Fed prepares to pause in first rate decision since Trump's inauguration
The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and vocal scrutiny from President Donald Trump.
Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder
James Bullard, who ended a 15-year term as president of the St. Louis Fed in 2023, told CNN that criticism the Fed pegged inflation as transitory in 2021 and thus was slow to act was “fair.” But Bullard, who voted on interest-rate decisions as part of the Fed’s policymaking committee, added that, with Powell at the helm, that same Fed also threaded the needle for a soft landing, when inflation is tamed without a recession.
Stock markets are 'misinterpreting' the Fed: Fmr. Fed Pres.
Former St. Louis Fed president and Purdue University's Dr. Samuel R. Allen Dean of the Mitch Daniels School of Business, Jim Bullard, joins Catalysts to analyze the Federal Reserve's latest interest rate decision and the market's sharp reaction.
Tax cuts are usually a good thing, Former St. Louis Fed president says
Former Federal Reserve Bank of St. Louis President and CEO James Bullard discusses the expected rate cut from the Fed this week, the Bank of Europe's handling of interest rates and what will be important for economic growth going into 2025.
Bullard Discusses Fed, Economics, and Daniels School on Hoover Institution Podcast
Daniels School dean Jim Bullard appeared on the Hoover Institution podcast Capitalism and Freedom to discuss monetary policy, his goals for the business school and more.
Fed's Powell May Have Made U.S. Monetary Policy Boring Again
For much of the past 17 years the Federal Reserve has been the central player in U.S. economic policy, throwing multi-trillion-dollar safety nets under the financial system, offering nearly a decade of ultra-cheap money, jumping redlines during the COVID-19 pandemic, and delving more into areas like equity and climate change.
Donald Trump warned against meddling with the Federal Reserve’s independence
Any effort by president-elect to interfere in interest rate policy could destabilize market.
U.S. Fed rate cut plans likely unchanged by Trump victory
The U.S Federal Reserve is widely expected to cut interest rates by a quarter point Thursday, looking beyond the election results to continue easing borrowing costs on the back of cooling inflation.
U.S. economy has 'achieved' soft landing: Former Fed pres.
Former Federal Reserve Bank of St. Louis president Jim Bullard joins Market Domination to discuss the jobs report and its implications for the US central bank's interest rate decision to come from its November policy meeting next week.
America’s economy just achieved the rare feat of a soft landing
The US economy seems to have pulled off a remarkable and historic achievement.
Fed Chair Jerome Powell's 'big move' in 2022 paid off: James Bullard
Former St. Louis Fed President and CEO James Bullard, dean of Purdue's Mitch Daniels School of Business, discusses whether the Fed is no in a 'no landing' scenario on 'Making Money.'
AI Summit Will Wrestle with Big Questions
Purdue University and Google are sponsoring a summit, The AI Imperative: Uniting Education, Business and Government, in Indianapolis on November 14.
Bullard advises communities to copy Columbus’ economic development strategy to find success
A “fireside chat” with Jim Bullard, inaugural dean of the Mitch Daniels School of Business at Purdue University.
MNI INTERVIEW: Fed Rates Headed To 4% In Quick Order - Bullard
Federal Reserve policymakers see interest rates as too high for the current environment and may take rapid steps to bring them closer to 4% before becoming more data-dependent, former St. Louis Fed President James Bullard told MNI.
Watch: Dean Bullard on the Economy, Elections and Education
The business school’s dean spoke with Weidenbaum Center Director Andrew Reeves just after the FOMC’s September meeting.
Interest rate policy 'super-successful,' former St. Louis Fed boss says
By not opting for a quarter point, or 25 basis points, reduction on Wednesday, the Federal Open Market Committee faces the question of whether it will lower interest rates by half a percentage point at the next three monthly meetings or shift down to quarter point cuts, said James Bullard, who after 15 years left his Federal Reserve Bank of St. Louis post to become business school dean at Purdue University.
Former St. Louis Fed president: Fed should cut by a quarter point and signal the same going forward
Jim Bullard, former St. Louis Fed president and Purdue University dean, joins ‘Squawk on the Street’ to discuss Bullard’s base case for the Federal Reserve, if the Fed needs to be more explicit than usual, and much more.
Dean Bullard at Weidenbaum Center, on CNBC and more
Bullard will comment on the outcome of the Federal Open Market Committee’s September 17-18 meeting.
Purdue-India Delegation’s Visit Focused on Semiconductors
The Daniels School’s Jim Bullard traveled to India with President Chiang and other university leaders.
Hiring Softened This Summer, Teeing Up Fed Rate Cuts
Friday’s jobs report doesn’t clearly resolve how much the Fed might cut interest rates at its next meeting; unemployment rate edges down to 4.2%
The Fed’s Rate-Cut Dilemma: Start Big or Small?
That the Fed will cut rates at its meeting next week is all but settled. But how much is shaping up to be a close call.
James Bullard: I'm expecting a 25 basis point cut at the Sept. meeting
Former St. Louis Federal Reserve CEO James Bullard unpacks rate cuts and the labor market on 'The Claman Countdown.'
Former St. Louis Fed President James Bullard: A soft landing has been achieved
Former St. Louis Fed President James Bullard: A soft landing has been achieved
Bloomberg Intelligence: Jackson Hole Special
Bloomberg Intelligence: Jackson Hole Special
Dean to Assess Powell’s Take on Economy, Fed’s Plans
Bullard to comment on Fed chair Jerome Powell’s much-anticipated speech Friday.
Ex-St. Louis Fed Chief Bullard On Rate Cuts, Global Economic Outlook
Ex-St. Louis Fed Chief Bullard On Rate Cuts, Global Economic Outlook
On this First Day of School, We Look to the Future
The Daniels School is informed by foundational pillars that promote deep study of transformative texts and creating and sustaining meaningful partnerships.
Monetary Policy Challenges During Uncertain Times
ICYMI: International forum hosted by the Federal Reserve Board and the European Central Bank features business school dean on U.S. inflation.
Fed September rate cut might be too late: James Bullard
Former St. Louis Fed President and CEO James Bullard discusses whether central banks should worry about how markets react to their decisions on 'Cavuto: Coast to Coast.'
Bullard: The Fed Won’t Make an Emergency Rate Cut
Purdue’s business school dean talks inflation, the labor market and more with Central Bank Central.
Job market needs to normalize, not deteriorate: Former Fed President Bullard
The Federal Reserve decided to hold interest rates steady on Wednesday, though investor hopes for a rate cut in September still linger on Wall Street. Former St. Louis Fed President and current Dean of Purdue University's Daniels School of Business Jim Bullard joins Morning Brief to discuss his outlook.
Former St. Louis Fed President James Bullard looks ahead to the July Fed decision
Former St. Louis Fed President James Bullard looks ahead to the July Fed decision and Chair Powell’s news conference
Bullard Provides Context on Federal Open Market Committee Meeting
The Daniels School dean is a former member of the FOMC.
Fed likely to hold rates steady one last time as inflation fight finale unfolds
The Federal Reserve is expected to hold interest rates steady at a two-day policy meeting this week but open the door to interest rate cuts as soon as September by acknowledging inflation has edged nearer to the U.S. central bank's 2% target.
Macro Musings Podcast Features Bullard on Nominal GDP Targeting, FAIT and More
Business school dean Jim Bullard appears on the Mercatus Center’s podcast to discuss the Federal Reserve’s upcoming framework review.
Former St. Louis Fed President: Probability of a recession isn’t any higher now than ordinary times
Former St. Louis Fed President James Bullard joins ‘Squawk Box’ to discuss the state of the economy, what to make of today’s GDP report, impact on the Fed’s inflation fight, rate path outlook, and more.
Former St. Louis Fed Pres. Bullard: Fed can worry ‘mostly about inflation’ not job market
Jim Bullard, former St. Louis Fed president and dean of Purdue University's business school, joins ‘Squawk on the Street’ to discuss his takeaways from Tuesday’s ECB forum on Central Banking and more.
US housing playing a 'wait and see' game: James Bullard
Former Federal Reserve Bank of St. Louis President and CEO James Bullard looks ahead to the next rate decision, unpacks jobs data and reacts to Yellen's housing development.
Combining Business and Technology at Purdue: A Conversation with Jim Bullard
Jane King interviews Jim Bullard, Dean of the Mitchell E. Daniels, Jr. School of Business, Purdue University.
Fed has had no rate cut 'opportunity' in 2024: Fmr. Fed Pres.
Fed has had no rate cut 'opportunity' in 2024: Fmr. Fed Pres.
Countdown to Fed rate decision: Here’s what you need to know
Countdown to Fed rate decision: Here’s what you need to know
Presidential Lecture Series: David Malpass and Jim Bullard
Purdue President Mung Chiang joined finance luminaries James “Jim” Bullard and David Malpass for a conversation on May 23, 2024, titled “Interest Rates, Global Finance and Midwest Prosperity.” Bullard is the inaugural Dr. Samuel R. Allen Dean of the Mitchell E. Daniels, Jr. School of Business, and former CEO of the Federal Reserve Bank of St. Louis. Malpass is a Distinguished Fellow of International Finance in the Mitchell E. Daniels, Jr. School of Business and Inaugural Fellow of Global Business and Infrastructure at Purdue@DC. This Presidential Lecture Series event took place at the Indiana Statehouse in downtown Indianapolis.
Bullard & Malpass join Purdue President Chiang for Presidential Lecture Series
Dean Bullard, Distinguished Fellow Malpass join Purdue President Chiang for Presidential Lecture Series fireside chat in Indianapolis
Distinguished Fellows add expertise to Daniels School of Business
Two economics scholars are joining Purdue University’s Mitchell E. Daniels, Jr. School of Business. Joseph Tracy and Douglas Holtz-Eakin will each carry the term Distinguished Fellow.
Bullard named to prestigious economic policy research committee
Jim Bullard, Dr. Samuel R. Allen Dean of the Mitchell E. Daniels, Jr. School of Business at Purdue University, has been named to the Shadow Open Market Committee (SOMC), an independent organization that analyzes and critiques monetary, regulatory and fiscal policies.
US still on track for a soft landing: Fmr. St. Louis Fed Chief
US still on track for a soft landing: Fmr. St. Louis Fed Chief
Fmr. St. Louis Chief Bullard: Three Rate Cuts This Year Is 'Base Case'
Fmr. St. Louis Chief Bullard: Three Rate Cuts This Year Is 'Base Case'
Former St. Louis Fed Pres. Bullard: March jobs report shows ‘the economy is running pretty hot’
Former St. Louis Fed Pres. Bullard: March jobs report shows ‘the economy is running pretty hot’
Powell at crossroads as inflation bites again says former St. Louis Fed president Bullard
Powell At Crossroads As Inflation Bites Again: Fed Needs To 'Get Going On The Rate Cuts They Have To Make' Former Governor Says
Fed's cautious approach to cutting rates reinforced by new inflation reading
Fed's cautious approach to cutting rates reinforced by new inflation reading
Month-over-month inflation making markets 'nervous': James Bullard
Month-over-month inflation making markets 'nervous': James Bullard
Bullard says February job report increases chance of Fed cutting interest rates sooner
Bullard says February job report increases chance of Fed cutting interest rates sooner
Purdue Expert: Economic Trends 2024
Dean Bullard reviews the current state of the U.S. economy and highlights specific data to support his analysis. He encourages people to save money in case of any changes.
Bullard: You might as well keep the policy somewhat higher, but there’s some risk
Bullard: You might as well keep the policy somewhat higher, but there’s some risk
Jim Bullard: Building a Business School
The Daniels School's Jim Bullard appeared on IBJ's Business and Beyond podcast.
Powell needs to avoid a ‘Honey, I forgot to shrink the policy rate’ moment
Fed should cut rates now, so they’re not too high later in the year, Jim Bullard told MarketWatch.
Purdue Expert: 2024 Economic Outlook
James “Jim” Bullard, former president and chief executive officer of the Federal Reserve Bank of St. Louis, is the Dr. Samuel R. Allen Dean of the Mitchell E. Daniels, Jr. School of Business at Purdue University. In this video, he reviews the current state of the U.S. economy. Bullard says that while a recession is always possible, he does not believe it is any more likely than normal right now. In fact, he says the economy accelerated in the second half of 2023. Labor markets remain strong with the unemployment rate at 3.7%, only two ticks above the lowest rate of the past 50 years. Additionally, the number of job openings per unemployed worker continues to be elevated. Unemployment insurance claims also sit very low at 200,000. Bullard advises consumers to be mindful of their spending habits in order to protect themselves from inflation.
Daniels School’s new leadership team in place
Since being unveiled as Purdue University’s next big move one year ago, the Mitchell E. Daniels, Jr. School of Business is gaining momentum, evidenced by a $50 million gift from the Lilly Endowment for the school’s new building, a $50 million gift from the Dean and Barbara White Foundation, and recognition as a game-changer in shaping the future of business education.
How Purdue’s Daniels School is shaping the future of business education
Purdue University's Mitchell E. Daniels, Jr. School of Business had a banner year following its 2023 launch, and its leaders tell BestColleges the momentum shows no sign of slowing in 2024.
What this week’s Fed rate decision and tax season means for investors
This week, the Federal Reserve's rate-setting committee is expected to release a decision on interest rates. When will the central bank finally begin lowering rates? Former St. Louis Fed President James Bullard joins us to share his thoughts on the decision and what he thinks the Fed needs to prioritize next. Plus, ready or not, tax season is here. Tax filing season starts January 29 and we want to understand what this means for you and your investments. WSJ reporter, Laura Saunders, joins us to share what investors should be paying most attention to as they prepare their filings. Plus, we’re gearing up to enter Apple’s virtual world. The technology company is set to release their mixed-reality headset, Vision Pro, at the end of the week. The company also faces added pressures from Microsoft as the company briefly overtook Apple as the largest U.S. company by market value. Could virtual reality be what keeps Apple on top?
Former St. Louis Fed president says markets pricing in too many fed rate cuts
The Fed's next move is likely a cut but won't come until later in 2024 because policymakers must be totally sure inflation is not going to plateau around 3% or even reverse recent declines, says former St. Louis Fed President James Bullard.
A New Dean for a New Era: Getting to know Daniels School Dean Jim Bullard
In this episode of “This Is Purdue,” we’re talking to Jim Bullard, the Dr. Samuel R. Allen Dean of the Mitchell E. Daniels, Jr. School of Business. Listen as Dean Bullard discusses his career journey from his time navigating obstacles like the Great Recession and COVID-19 pandemic as president of the Federal Reserve Bank of St. Louis to accepting his new role with the Daniels School of Business — an opportunity he calls “irresistible.” Dean Bullard shares his excitement for the future and how he plans to use his robust real-world business and economics experience to innovate the Daniels School of Business.
New business school building puts students at the forefront
Following approval from the Board of Trustees, the Mitchell E. Daniels, Jr. School of Business will have a new iconic, prestigious building that provides a bright lantern to the reimagined school.
Where are interest rates headed? What to expect from the Fed meeting
Officials are likely to leave rates unchanged and could temper investors’ expectations of earlier rate cuts.
Inflation is going in the right direction: James Bullard
Former Federal Reserve Bank of St. Louis James Bullard provides insight on the state of the economy on 'The Claman Countdown.'
Purdue Expert: Inflation and Economy
James “Jim” Bullard, former president and chief executive officer of the Federal Reserve Bank of St. Louis, is the Dr. Samuel R. Allen Dean of the Mitchell E. Daniels, Jr. School of Business at Purdue University. In this video, he reviews the state of the U.S. economy and inflation. Bullard says contrary to expectations that the economy was on the verge of a recession, inflation is falling across all metrics. Headline inflation, as reported in the Consumer Price Index (CPI), was at 9%, but has fallen 6 points to 3%. The Federal Reserve substantially raised interest rates in 2022 to fight inflation and high prices. After they slowed down at the end of the year into 2023, many experts expected the U.S. economy to slow down as well. In the third quarter, Bullard says the economy instead has accelerated. He says that labor markets remain strong and all of these factors give reason to be optimistic about the economy going into winter.
U.S. to 'most likely' avoid recession, Bullard says
Continued growth is the "most likely scenario" for the U.S. economy, Bullard, the dean of the Mitchell E. Daniels, Jr. School of Business at Purdue University, said in an interview with Nikkei.
There is a risk the reaccelleration of the U.S. economy will filter into inflation
James Bullard, former president of the St. Louis Fed and dean of the Mitchell E. Daniels, Jr. School of Business at Purdue University, says the FOMC has to remain vigilant to get back to 2 percent inflation.
Daniels School faculty discuss economic trends for Indiana businesses
Daniels School Dean Jim Bullard and Prof. Kevin Mumford discussed economic trends for Indiana businesses at recent luncheon.
Inflation not likely to fall as quickly as Fed hopes
James Bullard addresses concerns over rising interest rates on "Cavuto: Coast to Coast."
Purdue business school dean sees optimism in US economy
The dean of the Mitchell E. Daniels Jr. School of Business at Purdue University says there is reason for optimism about the economy heading into the winter season.
Daniels School dean and former St. Louis Fed pres. Bullard: Markets hate uncertainties
Jim Bullard, the Dr. Samuel R. Allen Dean of Purdue's Mitchell E. Daniels, Jr. School of Business and former St. Louis Fed president, joins 'Squawk on the Street' to discuss his thoughts about the macroeconomy relative to the moves in treasuries, the jobs report, and if recent geopolitical events will have any impact to the United States' rate trajectory.
Daniels School dean sits down for candid live Instagram conversation
Students will have the opportunity to hear about the reimagined Mitchell E. Daniels, Jr. School of Business and its new leader directly from the dean of the school. Jim Bullard, Dr. Samuel R. Allen Dean, will respond to student questions at 1 p.m. on October 5.
Launch of the Daniels School marks the next giant leap for business at Purdue
On August 30, 2023, Purdue’s new Mitchell E. Daniels, Jr. School of Business celebrated its official launch and welcomed its inaugural dean.
Bullard on U.S. economy, FOMC policy, interest rates
Former Federal Reserve Bank of St. Louis President James Bullard, the Dr. Samuel R. Allen Dean of Purdue's Mitchell E. Daniels, Jr. School of Business, said a pickup in economic activity this summer could delay plans for the Fed to wrap up interest-rate increases.
New Daniels School dean leads wide-ranging conversation on economics
The new dean of the Mitchell E. Daniels, Jr. School of Business at Purdue University will share his vast monetary policy expertise during an upcoming live National Association for Business Economics (NABE) webinar.
Recession fears have been ‘blown out of the water,’ says Daniels School dean and long-serving Fed president
Former St. Louis Fed chief James Bullard, the Dr. Samuel R. Allen Dean of Purdue's Mitchell E. Daniels, Jr. School of Business, warns that stronger growth will require even higher rates
Daniels School of Business dean announced
James Bullard was named the dean of the Mitchell E. Daniels, Jr. School of Business starting on Aug. 15 after spending 15 years as the president and chief executive officer of the Federal Reserve Bank of St. Louis. He has earned praise and accolades for his long-standing leadership as part of the Federal Open Market Committee in guiding the direction of U.S. monetary policy.
‘A Head-Turning Recruit’: Jim Bullard named new dean of Purdue’s Daniels School of Business
James “Jim” Bullard, a longstanding Federal Reserve Bank president and influential economist, has been named the dean of Purdue University’s Mitchell E. Daniels, Jr. School of Business.
Jim Bullard, president of St. Louis Federal Reserve Bank, appointed inaugural dean at Purdue’s Daniels School of Business
The longest serving sitting president of Federal Reserve Banks and one of the nation’s foremost economists and respected scholar-leaders has been chosen to lead the continued transformation of the reimagined Mitchell E. Daniels, Jr. School of Business (DSB) at Purdue University. James “Jim” Bullard on Thursday (July 13) was named the inaugural Dr. Samuel R. Allen Dean of the Daniels School of Business with a start date of Aug. 15.