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Fed's Bullard: Guidance about possible Dec rate hike was needed

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 6, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Bali) - In an exclusive interview with Reuters, St. Louis Fed President James Bullard said on Thursday that Fed faces challenge to justify possible slowdown in employment growth, adding that guidance about a possible Dec rate hike was needed.

    Key headlines - via Reuters

    Bullard says job growth of 100,000 to 125,000 adequate for economy, but could be misread as an economic slowdown after months of high jobs growth

    Bullard says guidance about a possible december rate hike was needed in recent fed statement to "reel" back investors who doubted central bank's plans

    Bullard says liftoff of rates to be followed by "healthy debate" over how to decide on subsequent increases after so many years at zero

    Bullard says cumulative progress of economy justifies move from zero rate policy
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