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Showing 1 - 10 of 42 results for "Bullard"

Chief economist update: Be afraid of inflation expectations

BENJAMIN ONG  |  FRIDAY, 14 MAY 2021
... back on inflation fears that drove equity markets down a day before. The Federal Reserve Bank of St. Louis' said: "Bullard noted that market-based inflation expectations have recovered from lows reached in March 2020. He said TIPS-based breakeven ...

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 27 MAR 2020
The numbers are in, and the US Economic Policy Institute's (EPI) estimate of unemployment claims, if not right on the dot, was way inside the ballpark. EPI estimated 3.4 million workers filed for unemployment in the week ended March 21, that it ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... others that we could talk about, but those are probably the main ones." These were the words St. Louis Fed president James Bullard podcast in his interview with Karen Mracek - media relations coordinator at Federal Reserve Bank of St. Louis - overnight ...

Chief economist update: Fed plans for Trump contingency

BENJAMIN ONG  |  THURSDAY, 20 JUN 2019
... reductions and one official calling for a single rate reduction this year. Heck, Federal Reserve Bank of St. Louis James Bullard even voted for an outright 25 bps rate reduction at June meeting. Not surprisingly, investors are putting their money where ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
Reserve Bank of Australia governor Philip Lowe is set to be remembered in history as the man who took Australia's official cash rate from a historic low of 1.5% - set under Glen Stevens one month before he stepped down as RBA head honcho in September ...

Chief economist update: Two indicators giving the Fed a headache

BENJAMIN ONG  |  TUESDAY, 9 APR 2019
... inflation measure? The Fed's target is based on the annual change in the overall, or "headline," PCE price index. As Bullard wrote in a 2012 Regional Economist article: "The FOMC will target the headline inflation rate as opposed to any other measure ...

Trump matters

BENJAMIN ONG  |  MONDAY, 13 FEB 2017
... BOJ, the Fed, and the BOE met in late January/early Feb. Few also gave a hoo-ha on Fedspeak - St. Louis Fed president Bullard and Chicago Fed president Evans both spoke about the economy and monetary policy (at different venues) last week as did Fed ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 29 MAR 2016
... personal income and spending data have doused speculations of an April rate hike - prompted by St. Louis Fed president James Bullard's comments last week that, "You get another strong jobs report, it looks like labour markets are improving, you could ...

Fed's plan slips on oil

BENJAMIN ONG  |  THURSDAY, 21 JAN 2016
... inflation lower, all else equal, making it more difficult for the Fed to return inflation to target" (St. Louis Fed pres Bullard). This should delay the Fed's policy normalisation at best. At worst, Bridgewater Associate Ray Dalio thinks the Fed's next ...

Drown baby, drown

BENJAMIN ONG  |  MONDAY, 18 JAN 2016
... 10-year gap's down 17bps to 1.37% from 1.54%. Recent Fedspeaks spoke of this. Last week, St. Louis Fed President James Bullard warned that, "Low inflation expectations may keep actual inflation lower, all else equal, making it more difficult for the ...
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