Helping to address another early slump across risk assets overnight, James Bullard, St Louis President, suggested that the Fed should consider delaying an end...

David Scutt

Scutt Partners

Helping to address another early slump across risk assets overnight, James Bullard, St Louis President, suggested that the Fed should consider delaying an end to QE in light of dimming inflation expectations. While a dovish statement, the rest of his interview with Bloomberg was anything but with Bullard suggesting that the hard data on the US has been good, that he sees 3% plus GDP growth in H2 2014 and in 2015 with inflation expected to reach 2.4% by the end of 2015 before easing lower once more. Despite those words, markets, under pressure with short-term positioning looking overly-stretched, leapt on the mention of QE with initial market moves largely reversed in the back-half of the session.... (VIEW LINK)


David Scutt
David Scutt
Independent Market Strategist
Scutt Partners

David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...

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