Home Fed’s Bullard: rate cuts, shift in tone made policy ‘considerable more accommodative’

Fed’s Bullard: rate cuts, shift in tone made policy ‘considerable more accommodative’

Published date: 23 Sep. 2019 | 19:37

Updated: 23 Sep. 2019 | 19:37

Federal Reserve Bullard has ben crossing the wires and said that he is not expecting trade issues to be resolved with forecast horizon.

Key comments:

Rate cuts, shift in tone made policy ‘considerable more accommodative’.
Not seeing intensification of yield curve; possibly due top mkt expectations on further rate cuts.
Not expecting trade issues to be resolved with forecast horizon.

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