Fed's Bullard Speaking on Bloomberg TV

Fed's Bullard is speaking on Bloomberg TV says:

  • Fed has deployed a lot of tools in virus response
  • more questions than answers around yield curve control
  • Fed is providing great forward guidance a moment
  • keep an eye on asset bubble risks
  • not seeing risk on a scale of tech bubble or mid to thousands
  • Fed retains credibility around its 2% inflation goal
  • shutdown creates questions on inflation measurement
  • markets have probably priced in the bank dividend move

US stocks remain higher in premarket trading. The Dow is currently up 375 points. The S&P index is up around 37 points and the NASDAQ index is trading up 78 points