“The United States may be approaching the point where the pandemic is over, then attention could turn to post-pandemic monetary policy,” the president of the US said on Wednesday. Fed de St. Louis, James Bullard, As reported Reuters.
Bullard further argued that there was a 50% chance that the United States would shift to a high-productivity regime last seen in the mid-1990s.
“The question of MBS purchases during a housing boom is a good topic once the Fed opens a broader discussion on phasing out,” he added.
Market reaction
The US Dollar Index It showed no reaction to these comments and was last seen up 0.1% on the day at 89.88.
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