Fed’s Bullard: Inflation is going to be “sticky” going forward – by FXstreetNews Fed CentralBanks Inflation
he considers that interest rates are currently at the low end of a sufficiently restrictive range. He mentioned the need to “stay at it” to get inflation back into the target.
Amid ongoing developments in the bond market, Bullard explained that some yield curve inversion reflects the inflation outlook. According to him, it is a great time to reassess how the deposit insurance is designed. The US Dollar Index is trading flat on Thursday around 101.85, on a light volume session ahead of the Easter holidays. The Greenback erased modest gains after Wall Street’s opening bell.
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