Fed's Bullard (dove, voter, dissenter): further rate action may be desirable but economy is still adjusting to Fed's shift as of early this year from raising rates to lowering them
- Reiterates Fed can't react to day-to-day trade negotiations
- Trade uncertainty is likely to linger for years to come; they are chilling global investment and growth
- Not seeing yield curve inversion intensifying so far
- Inflation pressures remain muted