16 Nov 2016
Fed’s Bullard: Equities, USD have re-priced since election, but still within levels of past year
More comments flowing in from St Louis Fed president Bullard, via Reuters, as he continues to speak on post-Trump-win impact on the markets during his speech in London.
Key Headlines:
Volatility in key US macro economic variables in line with volatility of past year
Equities, USD have re-priced since election but still within levels of past year
Targeted fiscal infrastructure package may help increase US real GDP growth in medium term
Rise in inflation expectations a good thing from Fed's point of view
Growth will be impacted in 2018-20 by plans for infrastructure spending and tax, regulation changes