Banshee Bullard in Santa Barbara
– Doesn’t see Brexit vote as a financial stress event as regardless of outcome, any change will be far in the future
– Fed isn’t out of ammo and could do more if needed
Take his inflation comments as they come, they can change like the weather. He’s not really making any case for June but he’s now speaking to reporters so anything can happen.
Fed’s Bullard: There are uncertainties over Fed and Market expectations for the path of rates
