(James Bullard, CEO of the St. Louis Fed, September.18th, 2019) “Trade policy uncertainty remains elevated, U.S. manufacturing already appears in recession, and many estimates of recession probabilities have risen from low to moderate levels. Moreover, the yield curve is inverted, and our policy rate remains above government bond yields for nearly every country in the G-7.” Fox News…

(September.20th, 2019) “Fed’s Bullard wanted bigger rate cut because US manufacturing ‘appears in recession'”
(didn’t use the original link because it says unsecured)

Reuters also provided charts for industrial production that backup Mr. Bullards claims..


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