• Fed's Bullard: Fed Rates in Right Place, No More Hikes Warranted

Market news

9 January 2019

Fed's Bullard: Fed Rates in Right Place, No More Hikes Warranted

  • Fed 'Bordering on Going Too Far' and Pushing Economy Into Recession

  • If Economy Unexpectedly Weakens, Would Be Open to Rate Cuts

  • Steady Rate Policy Would Keep Inflation Near Target

  • Fed Has Done Enough Hikes to Pre-empt Any Potential Inflation Rise

  • Fed 'Will Be Flexible and Patient in Implementing Monetary Policy'

  • Fed Aware of Cross Currents Now Buffeting Economy

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