Aug 3, 2021
“Pandemic may have opened new “regime” of higher productivity, higher inflation, and higher volatility,” St. Louis Federal Reserve (Fed) President James Bullard said in a Reuters interview.
“Possibility of higher growth for more years to come “bodes well” for the US economy and workers but needs careful fed risk management.”
“Wants end of crisis-era policies to begin soon so fed can move in smaller increments rather than risk a “scramble” if high inflation persists.”
The US dollar is little impressed by the above comments, testing lows near 91.95, down 0.10% on the day.
Courtesy of the Forex Mix