Fed tooled up for ‘ordinary recession’, eyeing new repo ops: Bullard
“I’m not expecting any of this to go away in the years ahead.” – James Bullard, President, St. Louis Federal Reserve Bank
USAGOLD note: A candid assessment of the trade situation from an important voting member of the FOMC. . . . . . Seen as an interest-rate dove, Bullard argued for a half-point cut at the last meeting of the committee.