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27 Nov 2018
Fed's Bullard: Possible 'cracks' in growth to shape Fed debate in coming year
St. Louis Fed President James Bullard has recently crossed the wires saying that rates were already "at or near" the neutral level.
Key quotes (via Reuters)
- Possible 'cracks' in growth to shape Fed debate in coming year.
- Expects slower growth over next 2-years, making it 'tougher' for fed to continue rate hikes.
- Economy, jobs market otherwise strong, with only moderate financial risks.
- Not expecting low unemployment to spark inflation.