HALISTER1: Rest of FOMC ‘Will Gravitate Toward Bullard’: FTN

Rest of FOMC ‘Will Gravitate Toward Bullard’: FTN

(Bloomberg) -- “The dots have steadily fallen since they were first published,” meaning “the low-dot forecasts have always been better than the high ones,” FTN economist Chris Low writes in note.
  • “The rest of the FOMC will gravitate toward Bullard if history is any guide”
  • Dot plot released Wed. “reveals a sea change in the Fed’s policy forecast”
    • Bullard “was not alone in changing the way he thinks about the fed funds forecast this week”
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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Christopher Low (Ftn Financial)

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