Monetary Policy Day Traders

Central bankers need to finally take a breather. On Wednesday, February 17, St. Louis Federal Reserve Bank President and CEO James Bullard took to the podium at the CFA Society St. Louis to discuss his latest views on monetary policy normalization. What was striking in his speech was the dramatic change in his views on the normalization of monetary policy. Has so much really changed over the past month? Or are central bankers simply becoming as itchy at the trigger as a reactive stock day trader?

Please click on the link to read more of my article on Seeking Alpha.

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