“The United States may be getting close to the point where the pandemic is over, then attention could turn to post-pandemic monetary policy,” St. Louis Fed President James Bullard said on Wednesday, as reported by Reuters.
Bullard further argued that there was a 50% chance the US will move into a high-productivity regime last seen in the mid-1990s.
“The question of MBS purchases during a housing boom is a good topic once the Fed opens a broader taper discussion,” he added.
Market reaction
The US Dollar Index showed no reaction to these remarks and was last seen rising 0.1% on the day at 89.88.
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