Fed's Bullard: Rate cut may become 'a more attractive option' if inflation keeps disappointing

Author: Justin Low | Category: Central Banks

Comments by St Louis Fed president, James Bullard

  • Says that 2019 inflation may fall short of target
  • Rate cut may help to maintain inflation goal credibility
  • Says that Fed needs to tread carefully to sustain US expansion
  • Any adjustment in policy would be in response to incoming data
  • Says current trade disputes could become entrenched
  • That could alter global trade patterns over the medium-term
Just be reminded that Bullard is the most dovish member in the FOMC voting board this year, so his comments doesn't come as too much of a surprise. He has been making similar statements in the past, so yeah just take his remarks with a pinch of salt.

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