No need for aggressive rate hikes to keep inflation in check - Fed's Bullard

Eren Sengezer FXStreet

St.Louis Fed President Bullard gave a speech on the economy and monetary policy at the Economic Club of Memphis with key quotes found below (via Reuters):

Would be ok for the Fed to hike once more in 2017
The first step in fresh recession would be a rate cut, then would have to decide on further bond buying
Soft data points to 4% growth, hard data 2%, better to rely on hard data

Author

Eren Sengezer

FXStreet

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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