US Fed's Bullard speaking to CNBC 22 Feb

Our good friends at with the story.

  • the idea we have to go 100bp in 2018 seems a lot to me
  • neutral Fed funds rate is pretty low
  • have some way to go on inflation story
  • Fed to make judgements as data comes in
  • there were many positive factors for markets in 2017

Ah yes, but that's history. What's next Mr B ?

  • GDP expected to fall in 2019
  • 2018 GDP seen at 2.4-2.5%

Cool. Thanks for the response!

More waffle from flaky/boring Bullard. Meanwhile USD still making its mind up, as is risk-sentiment.

USDJPY 107.33 GBPUSD 1.3882 EURUSD 1.2285 AUDUSD 0.7818