US Fed's James Bullard speaks in Arkansas
- US labour markets have largely normalised
- Financial stress is not high relative to the last five years
- Best expectation for future FX rates is around current levels
- 130k jobs a month would be enough to absorb population growth
- Stabilising oil prices will push inflation back to 2%
- Global policy divergence is priced into forex rates
Bullard's now a forex trader is he? ;-)
Nothing really different from him
