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

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