WTF Headline Of The Day: Fed “Reluctant” To Manipulate Stocks, Bullard Says | Zero Hedge

Bullard decided to add the following: “The Fed has been reluctant to target equity prices.”Which is a very different phrase from the usual utter denial from Janet Yellen or anyone else.Did Bullard just admit that The Fed does ‘tinker’ with stocks… but reluctantly? Is this confirmation that like SNB, PBOC, and BOJ, The Fed manipulates the US stock market?We’re sure we’ll never know, as if his comments are picked up by any other than the alternative media, it will be rapidly translated into doublespeak that confirms it means nothing.* * *And finally, as a bonus, Bullard admitted that “The Fed’s inflation and growth ‘misses’ add up… and undercut credibility.”Which raises a simple question – what credibility?

Source: WTF Headline Of The Day: Fed “Reluctant” To Manipulate Stocks, Bullard Says | Zero Hedge

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