Fed's Bullard: Fed does not need to be preemptive on rates

St. Louis Fed President James Bullard, is being interviewed at the Global Asset Management Education Forum in New York:

Key quotes

Ok to raise U.S. rates a bit, but hard data like GDP not 'screaming' for tighter policy
Fed does not need to be preemptive on rates with U.S. inflation 'tame'
Repeats backing for shrinking bond portfolio now

Mar 31, 2017

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