- St. Louis Fed President Bullard: Fed is in great shape, don't have to lower rates - CNBC
Market news
21 February 2020
St. Louis Fed President Bullard: Fed is in great shape, don't have to lower rates - CNBC
- High probability that coronavirus outbreak will "blow over"
- Low probability that virus outbreak will get much worse
- There is good chance the outbreak will be temporary shock
- Market expectations likely to return to "on-hold outlook"
- Have been concerned by yield curve issues
- There will be little impact on the Fed from the election cycle
- Fed purchases in repo market are not QE
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