- Says it’s reasonable to expect rate rises June or July (He’s not voting this year)
- Dollar is not far from average over past 15 years
- Oil price drop is very unambiguous positive for US
- Markets too dovish on Fed rate outlook
- Sees unemployment below 5.0% in Q3 2015
- Says Zero interest rate is not right for this economy
- Dollar move over last two years is not surprising
- Says ECB QE is driving down US interest rates
- Waiting to raise rate risks falling behind the curve
- Oil price decline appears very persistent
- Expects longer term inflation expectations to rise
Bully Bullard is speaking on Bloomberg TV