Fed's Bullard: Fed has reached 'end of the road' on rate hikes

Eren Sengezer FXStreet

Additional comments from St. Louis Fed President James Bullard continue to cross the wires.

Key quotes (via Reuters)

Fed has reached 'end of the road' on rate hikes.
Wanted to include reference to softer inflation expectations in December post-meeting statement.
Policy rate is ‘probably in the right place for right now’.
‘Concerned’ Fed is on the ‘precipice of a policy mistake’.

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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