Comments from Federal Reserve's Bullard
- Q1 economic data weakness transitory, impacted by residual seasonality
- Sees near-term economic concerns, citing weaker-than-expected consumer numbers (cites weakish retail sales)
- Says he hopes to see stronger data later in the year so the Fed can start to normalize
"I think that will all be transient and it will turn out that we'll have stronger data later in the year and that will enable us to get going with the normalization process. But I would like to see that confirmed in the near term"
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Comments from St. Louis Federal Reserve President James Bullard, sounding a little more careful than his usual hawkish-leaning self.
And ... like the USD give's a rat's.
Here's the plan for the Asian timezone ... unless you're trading the AUD or NZD, get some sleep. (& For tomorrow .... rinse and repeat)
