Fed's Bullard: Won't have enough data on inflation, economy, to consider a Dec rate increase

Eren Sengezer FXStreet

Following his prepared remarks at a conference, St. Louis Fed President James Bullard delivered additional comments, with key quotes (via Reuters) found below:

Negative jobs number 'startling' even given hurricane effect
Won't have enough data on inflation, economy, to consider a December rate increase
Increasingly concerned Fed will make a policy mistake if it continues raising rates without more proof inflation is increasing
Of Fed nominees that names mentioned so far are "eminently qualified"
Fed putting too much faith in link between unemployment and inflation

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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