“Markets don’t appreciate how close the Fed is to its goals,” and thus tightening is the warning from the usually quite dovish Jim Bullard.
- BULLARD SAYS MARKETS DON’T APPRECIATE HOW CLOSE FED IS TO GOALS
- BULLARD SAYS HE’S TRYING TO PUT EMPHASIS ON CLOSENESS TO GOALS
- BULLARD: MARKETS SHOULD BE PRICING IN RATE INCREASES BASED ON WHAT THE FED SAYS
- BULLARD: ECONOMY SHOULD BE ABLE TO HANDLE IT IF WE BEGIN TO PULL BACK FROM WHERE MONETARY POLICY IS NOW
Also from ZeroHedge:
Treasury Yields Hit 3-Week Lows As Stocks Near Record Highs
Gazprom Ready To Drop Dollar, Settle China Contracts In Yuan Or Rubles
From Bloomberg
Fed’s Bullard says jobs growth is ‘ahead of schedule’
