Bullard: Risks are rising that virus could be worse than anticipated

Bullard on BloombergTV

Bullard on BloombergTV
  • Says he thinks monetary policy is in the right place now but it's a fluid situation

On Friday, Bullard said policy was in the right place and they cut by 50 bps on Tuesday so I wouldn't take his word as gospel. He also said the Fed would react if the virus was a major US economic hit. He's a soldier not a general.

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