Fed’s Bullard Awaiting Stronger Data in US to Justify

June 29, 2017 Share Print 0

The U.S. Federal Reserve can go it alone on monetary policy among global central banks but strong data is needed for that to continue, St. Louis Federal Reserve chief James Bullard said on Thursday.

“The U.S. is kind of trying to go it alone… which we can do and we certainly have done historically,” Bullard told an event in London.

“But if you want to go it alone in this environment you have to really have data that’s coming in strong behind you and justifying what you want to do.”

via CNBC

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Alfonso Esparza

Senior Currency Analyst at Market Pulse

Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.