US Federal Reserve/St. Louis Fed Bullard on CNBC
Expect this one to run and run. Bully does like to bore.
- not worried about chances of global recession
The man's got enough in his back pocket to weather the storms no doubt
- Fed not on a "freight train" path of interest rate hikes
- markets may have over reacted to Dec rate hike
- markets assumed Fed would continue with regular hikes for the rest of the year
And given fairly decent guidance on that one too at the time, only to retract/dilute in further comments.
Funny ol' world.
Hands up who likes listening to Bullard?