Fed’s Bullard favors a reduction in the balance sheet in the 2. Half of 2017

FXStreet — St. Louis Fed President James Bullard gave a speech in Tokyo he said that he is the beginning of a normalization of the balance sheet in the second half of this year.

Important Quotes

• The reduction in the Fed’s balance sheet will have only a minimal impact on the long-term returns

• We have the car and student loans, but they are not near dangerous levels

• It is prudent to have of the BoJ Exit strategy

** FXStreet News Editorial, FXStreet**

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