Ex-Fed Bullard says he expects a slow pace of rate cuts from the FOMC
Bullard is the previous President of the St. Louis Fed:US economy remains strongExpects slow rate cut paceI'm not sure of the event Bullard was speaking at. While the US economy is beginning to show signs of slowing a touch, it does remain robust. And the latest signals from Fed officials is for a cautious first cut and a slow roll out of further cuts after that. As such, there isn't much to argue with Bullard here. This article was written by Eamonn Sheridan at www.forexlive.com.
Bullard is the previous President of the St. Louis Fed:
- US economy remains strong
- Expects slow rate cut pace
I'm not sure of the event Bullard was speaking at.
While the US economy is beginning to show signs of slowing a touch, it does remain robust. And the latest signals from Fed officials is for a cautious first cut and a slow roll out of further cuts after that. As such, there isn't much to argue with Bullard here.
This article was written by Eamonn Sheridan at www.forexlive.com.
