Fed's Bullard: Any impact of new administration policies likely not felt until at least 2018
|St. Louis Fed's President James Bullard was on the wires, via Reuters, stating that any impact of Trump administration's policies likely not felt until at least 2018.
Key headlines (via Reuters):
- Says no likely surge in inflation next year due to incoming administration; Fed policy rate can remain 'fairly low'
- The U.S and the world not likely to shift soon to higher interest rate 'regime'
- Properly designed fiscal, tax and regulatory policies by new administration could push up productivity, and thus potential growth
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.