Fed’s Bullard: risk of the inverted yield curve in 2018, early-2019

Speaking with reporters from crypto conference in NYC:

• Have taken preemptive steps to control inflation.
• No need to invert yield curve through ‘aggressive’ rate hikes.
• Believes fed has ‘the right policy rate today'.
• Yield curve flattened by fed more than by investor worries.
• Not aware of any guidance on crypto planned by Fed.

About Fed's James Bullard

James Bullard is the President of the Federal Reserve Bank of St. Louis. Dr. Bullard took office on April 1, 2008, as the twelfth chief executive of the Eighth District Federal Reserve Bank, at St. Louis. He is currently serving a full term that began March 1, 2011. In 2013, he serves as a voting member of the Federal Open Market Committee.