UPDATE: Don't Put Tremendous Focus on March Meeting - Bullard
(Updated - March 4, 2020 11:08 AM EST)
Don't Put Tremendous Focus on March Meeting - Bullard
- Reaction in equities to cut was 'buy the rumor, sell the news'
- Sees outstanding health response in U.S.
- Base case is virus will get under control
- sticking to pretty good base forecast for U.S.
- flight to safety coming to U.S. impacting bonds
- not sure well see as much virus effect as people think
- stocks had gone up a lot before recent selloff
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