James Bullard: Getting Monetary Policy Right in Turbulent Times

(Beijing) – Being a central banker in an era marked by unconventional monetary policy measures is challenging in many ways, not least because the market's reaction has become more unpredictable, said James Bullard, president and CEO of the Federal Reserve Bank of St. Louis.

He was appointed to the top position at the bank in 2008, 10 days after the collapse of investment bank and securities trader Bear Stearns Co. Inc., which set the stage for the financial meltdown that followed.