US2000 erases some losses after Bullard remarks

Fed's Bullard, which is known for his hawkish approach, unexpectedly provided some slightly dovish comments, which managed to halt the downward move of major US indexes.

Key takeaways from his speech:

The current situation may fall under rubric of 'credible' disinflation
Markets have factored in the possibility of a changed fiscal stance as well as a more aggressive Fed
Inflation expectations have now returned to levels seen prior to the 2021 inflation shock
Markets anticipate that inflation will be brought under control in the coming quarters and years.
A soft landing in the United States is possible if the post-pandemic regime shift is well executed.
The current situation in the United States may be classified as a 'credible' disinflation with low output costs.

US2000 managed to erase nearly half of today's losses and is currently testing local resistance at 1890 pts. Source: xStation5

23 October 2026, 6:47 PM

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23 October 2026, 3:31 PM

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23 October 2026, 6:05 AM

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Indices

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