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Fed's Bullard: Fed should be cautious with further rate increases

St. Louis Federal Reserve bank president James Bullard has recently delivered his prepared remarks at a conference in Japan, providing the key quotes, via Reuters, found below.

  • U.S. policy possibly at neutral means Fed should be cautious with further rate increases.
  • He regards inflation expectations as still a bit low.
  • It is a question how far the Fed should go in further rate increases while Bank of Japan and ECB remain stalled.
  • It may not be necessary to change the policy rate in order to keep the economy close to or at the Fed's goal.

Italy: League and 5-Star have completed accord on coalition government

According to the latest headlines from Italy, League and 5-Star have reached an agreement to form a coalition government. Furthermore, confirming the
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Fed's Brainard: FOMC needs to adjust 'stale' language around accommodative policy in statement

Below are the key highlights from the Fed Governor Lael Brainard's recently delivered prepared remarks. Italy political developments have reintrodu
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