Fed's Bullard: Yield curve has a nice slope, not invert danger now
Bullard on Bloomberg Radio
- Unlikely US economy outperforms current forecasts
- We don't have inflation worries like 1970s-80s
- Yield curve has been a good signal since 1950s
- We're pretty close to neutral rates
- We're cognizant to problems in emerging markets but we set policy for the US
How is this a nice slope? 2s-10s are at 50bps and the Fed is promising to hike rates four times in the coming year.