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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 MoreContent Topics
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Bullard
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Forex
Posted: Nov 17 2022, 13:02
Author Name: forexlive
Views: 102261