Massive turnaround in stocks and risk assets on the headline.
Bullard spoke in an interview on Bloomberg TV.
- US fundamentals remain strong
- Bond purchases should be data dependent
- Market turmoil linked to Europe outlook
- Fed may want to pause taper of QE given drop in inflation expectations
“Inflation expectations are declining in the U.S.,” he said. “That’s an important consideration for a central bank. And for that reason I think that a logical policy response at this juncture may be to delay the end of the QE.”
