Earlier comments/headlines Federal Reserve Bullard: Jobless rate far better than expected in September and more here and here
–
The Wall Street Journal have an (ungated) recap up:
- Federal Reserve Bank of St. Louis President James Bullard said that by the yardstick the U.S. central bank adopted ahead of its latest round of bond buying, it should likely be quite near to raising interest rates.
“A policy rate liftoff in the first quarter of next year would exhibit considerable patience relative to the plans laid out in September 2012,” Mr. Bullard said in slides to accompany a presentation he was to make Thursday evening in Tupelo, Miss. He added, “a liftoff date at the end of the first quarter of 2015 would already be well past what is called for by a standard monetary policy rule.”
More here: Fed Showing Lots of Patience Holding Off On Rate Hikes, Fed’s Bullard Says
–
And, if you’re sick of Bullard and are just waiting on the NFP, and likely to be up all night after it:
