St Louis Fed chief says election has not changed near-term outlook

James Bullard, Federal Reserve of St Louis: might support rate rise at December FOMC meeting

The Federal Reserve of St Louis has an "unchanged" near-term forecast for the US economy despite a surprising election result, its president, James Bullard, told an audience in London today (November 16).

Bullard hinted he may support a rate rise at the December meeting of the Federal Open Markets Committee, of which he is a voting member.

Unemployment in the US was effectively at the bank's estimate of its long-run level, while inflation was "low but close to the 2% target and rising". Safe

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: