Additional comments from St. Louis Fed president James Bullard are crossing the wires as he gives an interview to Bloomberg on the sidelines at the Jackson Hole Symposium.
Key quotes
- Chair Powell will be very careful in his remarks.
- Markets are putting very high odds of September rate hike.
- Think we are at or very close to neutral rate now.
- Would rather not be calling rates accommodative now.
- Inflation sluggish but Fed could move fast if needed.
Share
