Fed’s Bullard cites 'hot' CPI rise in January

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Speaking in New York, St. Louis Fed president James Bullard told reported that it’s important to monitor inflation expectations, particularly the actual inflation.

    Key Quotes:

    Won’t say how long before inflation enough for normalization

    Watch inflation expectations, actual inflation

    If core US inflation continued to rise, would be hard to make case to pause rate hikes

    Cites 'hot' CPI rise in January, says could be wrong about weak inflation expectations

    1.7 pct trimmed mean inflation 'gives me comfort,' but must avoid unhinged expectations
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