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Fed’s minutes got it wrong, says Bullard: Not all members see need for higher interest rates

“Treasury yields TMUBMUSD10Y, -0.45% have moved higher this week as investors brace for higher interest rates” writes Senior Economics Reporter for marketwatch.com. There is not need to have a “permanent” move in interest rates to counter a “temporary” fiscal impulse, he added.The current level of rates “is quite close to neutral right now,” Bullard said, neither boosting or dampening inflation.
 
Source: marketwatch.com



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