Fed’s Bullard - Fed is Going Up Very Slowly on Interest Rates

Fed’s Bullard - Fed is Going Up Very Slowly on Interest Rates

Fed’s Bullard is back on the wires extending his previous hawkish talk by saying the Fed is going up very slowly on interest rates.

Key Quotes

Labour markets surprised us in a positive way

Does not want to hike if inflation expectations are falling

Inflation has not materialized in the way he expected

Special factors may be pushing up inflation in Jan & Feb

(Market News Provided by FXstreet)