Fed tooled up for ‘ordinary recession’, eyeing new repo ops: Bullard

Reuters/Marc Jones and Dhara Ranasinghe/10-15-2019

Image of two doves, Japanese ink drawing“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.

This entry was posted in Today's top gold news and opinion. Bookmark the permalink.