Fed's Bullard: 'Very Aggressive' Policy to Stay for 'Long Time'
There is perhaps no better example of the Federal Reserve's new commitment to "enhance its communications strategy" than Fed Presidents sitting as guest hosts on CNBC. The old days of hiding their intentions behind layers of undeciperable language before congressional committees is no more. Now they just go on major news networks and manage market expectations directly. Here, for example, Fed President James Bullard reverses any previous doubts that the Fed is going to withdraw stimulus from the market by saying, "Fed policy is very easy and it's going to stay easy for a long time...I think that's my main message this morning."
About FS Staff
FS Staff Archive
|02/22/2017||Pettis: Capital Flooding Into US as Global Trade Environment Deteriorates||story|
|02/17/2017||Estate Planning for Asset Protection||story|
|02/15/2017||Ken Fisher on Double-Digit Returns and Beating the Consensus||story|
|02/14/2017||2017: Euphoria...Then Panic||story|
|02/14/2017||Bianco: Trump Will Bring More Inflation Than Real Growth||story|
|02/13/2017||Is Weakening Breadth Warning of a Pullback or Major Top?||story|
|02/09/2017||ECRI's Lakshman: US Economy Experiencing “Bona Fide” Upturn||story|
|02/08/2017||Tax Planning Under Trump||story|
|02/07/2017||Yellen's Last Hike and the Next Fed Chair||story|
|02/06/2017||The Future of Tech Lies in Deep Learning||story|