Fed’s Bullard doesn't see case for going faster on rates
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Following are the additional headlines that crossed the wires, via Reuters, from St. Louis Fed President James Bullard last minutes:
Think ending reinvestment policy could happen this year
Take a bit of time to get agreement on ending reinvestment
Jobs report was relatively weak
Fits with view that inflation will remain around 2%
Personally, could do one more rate rise this year
Doesn't not see case for going faster on rates
Does not see Syria as a major geopolitical event that would impact fed monetary policy
Balance sheet runoff impact on rates would be relatively minor
Some aspects of improving tech not showing up in GDP
FOMC takes into account global factors in its decisions
Much of post-election gain in stocks is pricing in of tax changes
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