is likely to be along for a "bumpy ride" as negotiations continue. - "There could be an upside to the trade rhetoric," Bullard said, but noted that the U.S.He explained that the Fed should watch "how the data evolve" and not necessarily follow the "prescribed further normalization," He noted that market expectations forecast inflation to be lower than the Fed's estimates, suggesting that the Fed is in "good shape" to slow down raising rates or even halt rate increases. - President Bullard repeated his stance of favoring leaving rates where they are right now, contrasting with the FOMC's June SEP that indicated one more rate hike in 2018 than what was reported in March.Here are 5 things of note from the speech. Louis Federal Reserve Bank President James Bullard participated in a moderated Q&A in St. ![]() Fed's Bullard: Favors Leaving Rates Unchanged - St.
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