Fed's Bullard: The link between jobs market and inflation has broken down

Comments from St. Louis Fed President Bullard

  • Doesn't discuss recent market turmoil in prepared comments
  • Monetary policy today is closer to neutral
  • Phillips curve effects are weak
  • Latest jobs report was good

Bullard is speaking on a moderated panel so he will surely be asked about markets. We'll have the headlines when they cross.

More:

  • Inflation scare triggered some of the market selloff
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