Market news
23.08.2019, 11:57

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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