Jan 10, 2019
Fed's Bullard: Fed has reached 'end of the road' on rate hikes
Additional comments from St. Louis Fed President James Bullard continue to cross the wires.
Key quotes (via Reuters)
- Fed has reached 'end of the road' on rate hikes.
- Wanted to include reference to softer inflation expectations in December post-meeting statement.
- Policy rate is ‘probably in the right place for right now’.
- ‘Concerned’ Fed is on the ‘precipice of a policy mistake’.