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Fed's Bullard: Policy not yet in range to be 'sufficiently restrictive'

Fed's Bullard: Policy not yet in range to be 'sufficiently restrictive'
  • Fed hikes to date have only had a limited effect on observed inflation
  • Even dovish assumptions about the state of mon pol warrant further hikes
  • Monetary rule would set lower bound at 5%
  • Notes that markets expect disinflation in 2023

There isn't too much to go on here but you have to wonder if it's only a matter of time until Bullard starts pushing for rates closer to 6%.

This article was written by Adam Button at forexlive.com... Read More
Posted: Nov 17 2022, 13:02
Author Name: forexlive
Views: 102261

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