Fed's Bullard: Markets have overpriced a recession

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Fed's Bullard: Markets have overpriced a recession
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St. Louis Fed President James Bullard on Wednesday said he thought markets are too pessimistic about the U.S. economy.

St. Louis Fed President James Bullard on Wednesday said he thinks the U.S. economy is more resilient than many investors have thought.

He... St. Louis Fed President James Bullard on Wednesday said he thinks the U.S. economy is more resilient than many investors have thought. He noted that the Chinese economy was coming back from COVID lockdown and the European economy is stronger than expected. The yield on the 2-year Treasury TMUBMUSD02Y , which is sensitive to Fed interest-rate expectations, on Tuesday hit the highest level in nearly 16 years.

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