Fed's Bullard: 'unwise' to continue hiking rates amid falling inflation expectations

Author: Eamonn Sheridan | Category: Central Banks

Federal Reserve St. Louis branch head James Bullard (FOMC voter this year):

  • Says 'unwise' to continue hiking rates amid falling inflation expectations
  • Recent decline in equity and corporate bond markets decreases risk of asset bubbles, giving Fed 'more leeway' in its rate hike decisions
  • Says drop in inflation outlook and financial volatility have undercut some of the core assumptions around which Fed's dec. rate hike was based
  • Says quarterly interest rate path projections of Fed officials may be counterproductive, giving markets the sense that rates are on a set path rather than data dependent
  • Expects US and global growth to strengthen in 2016, with lower longer-term interest rates providing a boost

Headlines via Reuters 


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A little bit of lovey dovey from Bullard

Looking sideways at the Aussie employment data :-D

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