- Saint Louis Fed president Bullard: Fed is monitoring closely to make sure inflation does not get out of control - CNBC
Market news
16 February 2021
Saint Louis Fed president Bullard: Fed is monitoring closely to make sure inflation does not get out of control - CNBC
- Says U.S. in good shape with inflation right now, but he does think inflation will move up next year
- Fed would like to miss on high side for inflation rather than miss on low side
- There are a lot of action in markets and speculative frenzie
- The biggest thing in equities is tech firms and how high investors will value them
- That's not bubble, that's just normal investing
- Financial conditions generally are very good right now
- No reason to "get ahead of ourselves" regarding tapering
- Benefits of the minimum wage will go to middle-class families with kids
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