Fed's Bullard: Outlook for 2021 seems very strong

Author: Greg Michalowski | Category: Central Banks

Fed's Bullard speaks in online interview with Wall Street Journal

  • outlook for 2021 seems very strong and above trend
  • sees US GDP shrinking around -2.5% last year
  • inflation looks set to move a somewhat higher
  • sees unemployment dropping below 5% this year
  • too soon to make judgment on timing upon buying shift
  • his base cases for a good economy in 2021
  • asked about bond tapering, says 'not close' yet
  • calls recent rising 10 year yields 'encouraging sign'
Bullard has been more positive about the economy of late. He is a nonvoting member in 2021
For bank trade ideas, check out eFX Plus
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose