13 Jul 2021
Fed's Bullard: The time is right to pull back on stimulus measures
In an interview with the Wall Street Journal (WSJ) on Tuesday,
St Louis Fed President James Bullard said that the time is right to pull back on stimulus measures.
Further comments
"We do want to do it gently and carefully."
"I think we are in a very good position to start a taper."
"A bit concerned that Fed is feeding a housing bubble."
"Don't think will have any trouble at all in meeting "substantial further progress".
"Does not expect Fed funds rate to be raised until late 2022."