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
|12/07/2016||Reva Goujon: Global Forces Indicate 2017 Is Shaping Up to Be a Big Year||story|
|12/02/2016||Hope and Caution||story|
|12/01/2016||Doom & Gloom? Perhaps Not||story|
|11/30/2016||Using Deception Technology in the Race Against Cybercrime||story|
|11/23/2016||The Man Who Got the Trump Call Correct Now Says Markets Are Too Exuberant||story|
|11/22/2016||Lifetime Income: Retirement Pitfalls and How to Plan for a Recession||story|
|11/18/2016||Are We Months or Years From a US Recession?||story|
|11/17/2016||Rickards: The Next Crisis Is Coming, and a New World Government May Come With It||story|
|11/14/2016||Is the Breakout in Copper a Sign of a Global Economic Recovery?||story|
|11/09/2016||SAUT: Trump Win Is Bullish||story|