Search ForexCrunch

In an interview with The Wall Street Journal, St. Louis Fed President James Bullard voiced his support for the Fed’s decision to keep the policy rate unchanged and drop projections of rate hikes in 2019 and 2020.  

“St. Louis Fed President James Bullard said Friday he is mindful of the negative signal bond markets are sending about the economic outlook, although he remains optimistic about growth and hiring,” wrote the WSJ’s  Michael S. Derby.