US Federal Reserve member Bullard, the bank's most pessimistic member, pointed out that the weakness of Chinese data supports slowing global growth. His most prominent statements were as follows:
- There has been a marked slowdown in inflation growth.
- The signals generated by the yield curve support the narrowing of the US Federalization rates.
- Markets expect inflation to grow below the bank's target of 2%.
- I am concerned that the slowdown in global growth may worsen.
- The Fed should be careful not to become too aggressive to reverse the yield curve.
- Market inflation expectations indicate the current position of monetary policy is optimism
- Raising interest in December was a mistake.
- Concerned that the Fed on the brink of a policy error.
- The bank should not expect further gains.
- Policy may be in place now.
- Business war is real and tangible.
- Uncertainty arising from a trade war could slow the growth of the global economy.