Rates too low for too long could feed future instability says Bullard

Back for round two

  • Financial stress has come off and the situation is relatively stable

  • Will make a decision on rate setting at FOMC meeting based on data available

  • Market expectation of a hike was zero and the idea it has come off zero is probably good

Speaking to reporters in Beijing. I'm still quite surprised that he's been cagey when talking about meetings. When he wasn't a voter he was trumpeting his view all over the place.

Best in 2026

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