Fed’s Bullard sees a more volatile economic “regime” emerging in US due to the pandemic

Dhwani Mehta FXStreet

“Pandemic may have opened new "regime" of higher productivity, higher inflation, and higher volatility,” St. Louis Federal Reserve (Fed) President James Bullard said in a Reuters interview.

Additional quotes

“Possibility of higher growth for more years to come "bodes well" for the US economy and workers but needs careful fed risk management.”

“Wants end of crisis-era policies to begin soon so fed can move in smaller increments rather than risk a "scramble" if high inflation persists.”

Market reaction

The US dollar is little impressed by the above comments, testing lows near 91.95, down 0.10% on the day.

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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