Fed’s Bullard: Trump’s comments will not affect FOMC rate decisions
|St. Louis Fed President James Bullard was out on the wires in the last hour, saying that the US President Donald Trump is just one more voice in currency debate and his comments will have little effect on the Fed.
Additional quotes:
• Not surprised by Trump's comments on monetary policy but it's up to the Fed to take the best action.
• Expects Trump to weigh in again but doesn't change the Fed's mandate.
• US economy looks very good but the escalating trade war could be a risk to the economy.
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