Markets

Bullard: Market expectations for June are substantially positive

Into some Q&A

  • FOMC must adapt to changes in the picture

  • We can wary the rate rise pace depending on world and US

  • A year ago the FOMC was anticipating 3% pace of growth

  • Policy divergence itself won't lead to a strong dollar

  • Fed cannot do anything about productivity

  • It could be we are in a low productivity regime and we have to plan for a low growth regime ("could be" ??)

  • IF GDP data is in conflict with labour market data then jobs data wins

From "more nearly correct" to "substantially positive".

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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