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Fed’s Shift to Slightly Restrictive Policy Close to Zero, Bullard says


Február, 08 2019
watermark Economic news

The US Federal Reserve shift their monetary policy into slightly hawkish than the expected neutral stance of policymakers following the interest rate increase in December, according to the St. Louis Federal Reserve Bank President, James Bullard, on Thursday.

Dependent on the inflation adjustment, Bullard assumed the neutral rate to be around zero in the US as it is currently above zero. Thus, they are being slightly restrictive and pushes downward pressure on inflation that has been very low.

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.