Fed’s Bullard – labour markets have largely normalized
|By FXStreet FXStreet (Mumbai) – Fed’s Bullard, while speaking in Arkansas said the labor markets in the US have normalized, however, interest rate normalization may result in slower job creation.
Key Quotes
“130k jobs a month would be enough to absorb population growth”
“Stabilising oil prices will push inflation back to 2%”
“Global policy divergence is priced into forex rates, best expectation for future FX rates is around current levels”
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Source:: FX Street