Fed’s Bullard - labour markets have largely normalized

FXStreet (Mumbai) - Fed’s Bullard, while speaking in Arkansas said the labor markets in the US have normalized, however, interest rate normalization may result in slower job creation.

Key Quotes

“130k jobs a month would be enough to absorb population growth”

“Stabilising oil prices will push inflation back to 2%”

“Global policy divergence is priced into forex rates, best expectation for future FX rates is around current levels”