August 24, 2018
St. Louis Fed President James Bullard reiterated his view on the stance of monetary policy, saying there’s no reason to risk inverting the yield curve by raising rates. During an interview on CNBC’s Squawk Box, he also commented on the strength of the U.S. economy, sluggish inflation and low unemployment.
On the lack of inflation pressure in the U.S., Bullard said, “I’m an inflation hawk, but I just don’t see that developing, and if it does develop, I think we could react and react appropriately. So I just don't think this is a situation where we have to be preemptive.”
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