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Prudent to edge Fed policy back to normal – Fed’s Bullard

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Nov 12, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - St Louis Fed President Bullard was on the wires stating there is no reason to continue “extreme” monetary policy and it is prudent to edge Fed policy back to normal.

    Key Quotes

    5% jobless rate is close to unemployment

    Fed's goals have been met by some measures

    Policy should return to 1984-2007 macroeconomic setting

    Possibility of US entering a period of permanently lower inflation and rates

    Zero rates and low expectations may have anchored inflation at permanently low levels

    "Realistic possibility" that industrialized countries could face rates stuck near zero
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