mr. bullard: i got this question earlier today also. about trade, but we have our mandate to maintain high employment and low inflation. we are trying to do the best we can to take on board what is going on with the trade war and risks to the global and u.s. economy, and conduct monetary policy that will help us meet our objectives. we have been meeting -- we certainly have a great labor market, but the inflation side has been somewhat weak. we have been below target and expectations remain below target. i would like to re-center expectations back at 2%. read on: what is your global growth and trade negotiations, are things getting better or worse? mr. bullard: we are seeing day-to-day, tit-for-tat, which is a normal part of any negotiating situation. that is what the game theory tells you will happen. we cannot react day today because that would create more uncertainty around trade and monetary policy. what we can do is take on board the idea that the 50 year or 75 year consensus about the u.s. pushing toward more trade liberalization

bullard stays behind inflation expectations. jp morgan delivers a solid beat from fixed revenue, while equities trading mrs.. -- while equities trading misses. welcome to global news 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. -- welcome to "bloomberg tuesday, on this october 15. a real push and pull here between the micro and the macro. you get a readthrough on u.s. growth, as well as bank earnings. euro-dollar modestly weaker. some pessimism over in europe. the bond rally echoing what we saw yesterday in europe. yields down by about four basis points. bank earnings are kicking off this morning. beats onp reporting everything except equities and trading. sonali: they did not be don't equities trading, but they did beat on fixed income, so that is good. they want to be the number one equities trading shop, so not beating there is not a great sign. average loan growth a little sluggish. jamie dimon put some notes of caution in the initial statement, saying that consumer sentiment might be strong, but generally a lot of weakening sentiment here. in the