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Fed's Bullard: Dec rate hike not a mistake

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Federal Reserve's Bullard (FOMC voter) is still crossing the wires, answering questions to media outlets, noting that December rate hike was not a mistake, adding that there is need to see recovery in market-based measures of inflation expectations to justify another hike.

    Additional headlines

    Federal Reserve had good reasons to hike in December and does not consider the move a mistake

    Federal Reserve has ample capacity to fight a negative shock, including quantitative easing, but that is not his base case for the economy

    Drop in equities more a return of more rational pricing rather than an indicator of poor economic performance
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