Bullard comments to reporters

  • Doesn't see evidence yet of a productivity increase that would raise potential US growth

  • Doesn't think Fed should pencil in any more hikes

  • Says NAFTA 2.0 is a sign to businesses that trade wars won't last forever

  • Recent stock selloff not surprising given the run up

  • Further interest rate rises could be warranted if economy continues to surprise to the upside

  • Expected Fed funds rate of 3.4% in 2020 would be 'quite a way' into restrictive territory