Free Trial

WSJ interview with St Louis Fed's James.........>

FED
FED: WSJ interview with St Louis Fed's James Bullard conducted on Jul 11 was
published just now. Key quotes: re 50bps cut: "I guess I would listen to
arguments along that line, but at least sitting here today, I just don't think
the situation really calls for that aggressive of a move" 
- 25bps "would push us in the right direction and we can wait and see how things
develop going forward."
- "I would have preferred to just go ahead at the last meeting, and then we
would have gotten out of this argument about whether we're going to do 50 basis
points at the meeting and we would have been able to come into the July meeting
and ask if more was needed or not," Mr. Bullard said.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.