October 24, 2016

IN OTHER WORDS, IT ISN'T NEEDED:

Fed's Bullard says one rate increase is all that's needed for now (Reuters, 10/24/16)

St. Louis Federal Reserve President James Bullard said on Monday that a single U.S. interest rate rise would be all that was necessary for the time being, repeating comments he had made recently.

It would just be to demonstrate their hawk bona fides, which is always a mistake.

Posted by at October 24, 2016 2:29 PM

  

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