Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

Political turmoil in Washington not yet felt in economy: Fed's Bullard

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/19/2017 | 04:58pm CEST

The developing controversy surrounding the Trump administration has not had an appreciable impact on the economy yet, but markets should prepare for continued political volatility, St. Louis Fed President James Bullard said on Friday.

Gridlock on major policy issues has become the norm in Washington, Bullard said, so if events continue to impede those sorts of decisions it will not change the current outlook.

"The Trump campaign was unusual, unconventional ... and you expected an unconventional president. You have more volatility than you are used to in the policy sphere," said Bullard. "At least for 2017 I don't see this as having particular implications that I can draw at this point."

(Reporting by Howard Schneider; Editing by Meredith Mazzilli)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
Date Title
07:08a BAHNHOF : State wants 40 years
07:08a BERKSHIRE HILLS BANCORP : will move HQ to Boston
07:07a BIDVEST : The Premier Soccer League season is finished and klaar
07:06a EXCLUSIVE - U.S., JAPANESE FIRMS COLLABORATING ON NEW MISSILE DEFENCE RADARS : sources
07:06a Trump sees to slash government spending in budget plan
07:05a DKSH and Boehringer Ingelheim improve access to treatment in Myanmar
07:05a General Meeting of Kuros approves all resolutions
07:05a PHOTOCURE ASA : Results for the first quarter of 2017
07:05a GROUPE GORGE : Over-allotment option for Prodways Group, a subsidiary of Groupe Gorgé, IPO exercised in full
07:05a PRODWAYS : Over-allotment option for prodways group ipo exercised in full
Latest news
Advertisement
Hot News 
0.00%PETROLEO BRASILEIRO PETROBRAS : Petrobras says plans to sell Jurua gas field in Amazon
-0.47%PETROLEO BRASILEIRO PETROBRAS : Petrobras Issues $4 Billion in Debt on International Markets
Most Read News
05/22 EXCLUSIVE : North American carmakers want rules of origin in NAFTA left untouched - Mexico lobby
12:04a AXAMANSARD INSURANCE : AXA Mansard Insurance Shareholders Get Five kobo Dividend
05/22 SRI LANKA TELECOM : SLT announces the “Zero One Awards Night” dedicated to recognize digital excellence in Sri Lanka.
12:04a NNPC : Military Options No Longer Effective in Maintaining Peace in N’Delta
05/22 SPORTSMAN WAREHOUSE : Shoplifters pull gun on Sportsman's Warehouse employee
Most recommended articles
05/22 NOBLE : shares tumble after S&P ratings downgrade
12:43a LESHI INTERNET INFRMTN&TECH BEIJING : China's LeEco to slash U.S. jobs amid global pull-back - source
12:25aDJOil Retreats Some Following Recent Pre-OPEC Gains
12:16aDJCHINA LIFE INSURANCE : Buys Sprawling Portfolio of Small-Market U.S. Real Estate
12:10aDJSAMSUNG ELECTRONICS : Ousted South Korean President's Corruption Trial Opens