Fed's Bullard: Would not object to June hike

Federal Reserve Bank of St. Louis President James Bullard continues to give his remarks, via Reuters, with the key quotes found below:

  • Would not object to June hike, but disagree with idea rates need to move steadily up from there
  • "Minimal" impact from balance sheet reduction on bond markets, assuming policy change communicated and managed appropriately
  • Controversy in Washington has not yet had appreciable economic impact
  • Trump presidency likely to continue period of political volatility but markets can learn to get used to it

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.