President's Message.

April 7, 2014. Presentation. "Two Views of International Monetary Policy Coordination." 27th Asia/Pacific Business Outlook Conference, USC Marshall School of Business–CIBER, Los Angeles, California.

May 16, 2014. Presentation. "A Tame Taper." Arkansas Day with the Bank Commissioner, Little Rock, Ark.

May 8, 2014. Welcoming Remarks. Given at the Research Symposium: The Balance Sheets of Younger Americans, Federal Reserve Bank of St. Louis.

April 2, 2014. Opening Remarks. Given at the Homer Jones Memorial Lecture, Federal Reserve Bank of St. Louis.

June 9, 2014. Presentation. "How Far Is the FOMC from Its Goals?" Tennessee Bankers Association Annual Meeting, Palm Beach, Fla.

June 26, 2014. Remarks. "Income Inequality and Monetary Policy: A Framework with Answers to Three Questions." C. Peter McColough Series on International Economics, Council on Foreign Relations, New York, N.Y.

July 17, 2014. Presentation. "Fed Goals and the Policy Stance." Owensboro in 2065 Summit, Owensboro, Ky.

We study a simple, microfounded macroeconomic system in which the monetary authority employs a Taylor-type policy rule. We analyze situations in which the self-confirming equilibrium is unique and learnable according to Bullard and Mitra (2002). We explore the prospects for the use of large...