Fed's Bullard considers current level of rates as somewhat restrictive

Dhwani Mehta FXStreet

More comments flowing in from the St. Louis Federal Reserve (Fed) President James Bullard, as he continues to speak at St. Cloud State University.

Considers the current level of rates as somewhat restrictive.

Fed likely to end up with balance sheet "quite a bit larger" than many anticipated.

Continual miss on inflation has somewhat damaged Fed's credibility.

Sees 2019 growth at 2.25%, "considerably slower" than 2018 with risks for a sharper slowdown.

Hopes Fed will make decision about final balance sheet size in next couple of meetings.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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