- A little bit of mixed bag on labour market data
- Sees gains in labour market data since 2012
- Opposes dialing down stimulus amid disinflation
- Wants more Fed efforts to combat disinflation and is very concerned about low inflation
- Wants to see inflation tick up a little to 2%
- Saw Fed revert a bit to date-based policy guidance
- Predicts housing market will improve in future
- Smaller US banks would be more globally competitive
Bullard is a voting member of the FOMC so his remarks trump Plosser’s as we see in the markets.
