Fed s bullard urges gdp target as strategy with zero policy rate.

Bullard's paper didn't get into details of how the Fed could achieve a GDP target, though missing the target would imply a need for more stimulus, he told reporters. Bullard has sometimes used research to influence the Fed policy debate, though he cautioned against drawing strong policy lessons from his latest work and instead said he hoped for more research on the topic. Bullard joined the St. Louis Fed's research department in 1990 and became president of the regional bank in 2008. [Extracted from the article]