5 Jan 2018
Fed’s Bullard: We’ve made no progress towards our inflation target - BBG TV
"There is some possibility that tax reforms could drive up investments", said St. Louis Fed President James Bullard while speaking to Bloomberg TV.
Key headlines:
• Sees growth in the "low 2% range" in 2018
• Not seeing inflation despite job gains
• We’ve made no progress towards our inflation target
• Inflation expectations are low but have moved up a bit