Drop in inflation expectations worrisome – Fed’s Bullard

FXStreet (Mumbai) - Fed’s Bullard, while speaking in Memphis, said the drop in the inflation expectations is worrisome since it makes achieving inflation target tougher.

Bullard also termed low oil prices as the net positive for the US economy.

Key Quotes

Low inflation expectations will make the return to Fed's goal tougher

Expectation may be falling due to oil price drop

Low oil prices are a net positive for US economy