Home Fed’s Bullard: Don’t see Turkey leading to generalized contagion – WSJ

Fed’s Bullard: Don’t see Turkey leading to generalized contagion – WSJ

Updated: 15 Aug. 2018 | 15:03

In an interview with the Wall Street Journal, St. Louis Fed President James Bullard said that he didn’t expect Turkey’s economic crisis leading to a generalized contagion as there was “special factor in that country.” Meanwhile, the USD/TRY pair was last seen trading at 6.1150, down 3.7% on the day.

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