St. Louis Federal Reserve President James Bullard is now crossing the wires saying that the best bet for the United States was to stay in low inflation and growth regime for at least a couple of more years, as reported by LiveSquawk.
Bullard further added that they needed a faster increase in productivity growth to have sustainable growth and reiterated that he was in favor of leaving the rates unchanged.
More quotes (via LiveSquawk)
- Market expectations below Fed’s inflation target for coming years is ‘sign the Fed is in good shape’ to slow or halt rate hikes.
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