Bullard of the Fed: Negative number of jobs «surprising», even taking account of the hurricane

Bullard speaks with journalists

  • Do not have enough data on employment and inflation to consider a Dec hiking
  • Increasingly concerned that the Fed will make a policy mistake if she continues walking, without the evidence of inflation is the increase of
  • The Fed is putting too much faith in the connection between jobs and inflation
  • Fed chooses mentioned so far are highly skilled

This is typical stuff from Bullard. If anything you could say that he sounds increasingly desperate, which suggests that he thinks of the hike is to come.

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