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1 Jul 2016
Fed’s Bullard doesn't expect Brexit to have influence on global deflation
In an interview on Bloomberg TV, St. Louis Fed President James Bullard noted that the US economy is in a low growth phase now.
Key Quotes:
US is in a low growth regime, economy could do better
Doesn't expect Brexit to have influence on global deflation
They could use discount window in a crisis
Sees liquidity premium on debt in US
US growth seen continuing at 2%