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Fed's Bullard: 2Q GDP rebound wont shift US economy above 2% trend. Lagging US price levels are worrisome
Fed's Bullard: 2Q GDP rebound wont shift US economy above 2% trend. Lagging US price levels are worrisome.
— DailyFX Team Live (@DailyFXTeam) May 26, 2017
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U.S. Fed's Bullard: U.S. Price Level Has Begun To Deviate Noticeably From Expected Path Under 2% Inflation Target
— LiveSquawk (@LiveSquawk) May 26, 2017
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Fed's Bullard: Fed's rate-hike path may be overly aggressive, tracking estimates of 2Q US GDP suggest improvement.
— DailyFX Team Live (@DailyFXTeam) May 26, 2017
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Fed's Bullard: Deviation From Price-Level Path Is Not As Bad As Japan's Case, But Is Worrisome – RTRS
— LiveSquawk (@LiveSquawk) May 26, 2017
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Fed's Bullard: Repeats View That Fed's Expected Rate Hike Path Is Overly Aggressive
— LiveSquawk (@LiveSquawk) May 26, 2017
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St. Louis Fed's Bullard Discusses Current Growth, Inflation and Price Level Developments in the U.S.
Federal Reserve Bank of St. Louis President James Bullard addressed “Current Growth, Inflation and Price Level Developments in the U.S.” during a lecture Friday at Keio University in Tokyo. During the lecture, he explained that the U.S. price level has begun to deviate noticeably from the 2 percent path established in the mid-1990s and maintained through 2012. “Standard macroeconomic theory suggests that the signature of optimal monetary policy is maintenance of a price level path,” Bullard said. However, he noted that the gap between the current price level (as measured by the personal consumption ... (full story)
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