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St. Louis Fed president: US economy could see ‘sharper-than-expected slowdown’

“Louis Federal Reserve warned Tuesday that the U.S. economy could see a sharper slowdown than expected in the coming months” reports washingtonexaminer.com. That uncertainty, Bullard said, “Creates a disincentive for global investment.” “Slower global growth may feed back into slower growth in the U.S.,” he said.Louis, said risks facing the economy include uncertainty over global trade policy and the slowing of the global economy. “U.S. monetary policy cannot reasonably react to the day-to-day give and take of trade negotiations,” Bullard said Tuesday during a presentation at a conference in London, adding that he doesn’t expect trade policy uncertainty will subside in the years ahead.
 
Source: washingtonexaminer.com



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