St. Louis Fed's President James Bullard was on the wires, via Reuters, stating that any impact of Trump administration's policies likely not felt until at least 2018.
Key headlines (via Reuters):
- Says no likely surge in inflation next year due to incoming administration; Fed policy rate can remain 'fairly low'
- The U.S and the world not likely to shift soon to higher interest rate 'regime'
- Properly designed fiscal, tax and regulatory policies by new administration could push up productivity, and thus potential growth