Good Job USD will be More Weaker Thankssss
Bullard "we are beyond needing to pencil in rate hikes" "the level of rates is very good where it is today"
Added at 8:49am
BULLARD SAYS JOBS NUMBERS ARE STRONG BUT LOOK BACKWARDS - CNBC INTERVIEW— *Walter Bloomberg (@DeItaone) February 1, 2019
Added at 8:51am
Fed's Bullard: Hopeful of decision soon on balance sheet size
In an interview with CNBC, St. Louis Fed President James Bullard noted that the January jobs data was very strong. Key quotes (via Reuters) Banks reserve demand will be larger than expected. Looking for some yield curve steepening. Economic growth slowdown does not necessarily mean anything negative. Should not presume Fed move one way or other. Time to wait and see how economy develops. Hopeful of decision soon on balance sheet size.