- Saint Louis Fed President James Bullard: Fed should cut rates because yield curve inversion is "not a good place to be"
Market news
23 August 2019
Saint Louis Fed President James Bullard: Fed should cut rates because yield curve inversion is "not a good place to be"
- Market has expectations for low inflation
- Labour market is doing well, retail sales very good
- There are still downside risks, want to take out more insurance
- We have been below inflation target since 2012
- Would like to focus on hitting inflation target
- Lower rates would help us hit inflation target
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