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
🔴Daily summary: Wall Street ignores hawkish inflation, oil falls sharply despite geopolitical tensions
⚠️Three Markets to Watch Next Week (11.09.2026)
US OPEN: Rebound on Wall Street despite higher Supercore inflation and a jump in yields
Morning wrap: Wall Street tries to recover losses ahead of U.S. CPI 🗽 Oracle and Adobe reported earnings — shares react (11.09.2026)