Comments from St Louis Fed President James Bullard:
- Markets and FOMC not thinking in terms of January move
- Strong US jobs number may mean outlook for four hikes may be about right although inflation remains uncertain
- More information is needed before making a decision on March hike
- Would put more weight on inflation if inflation expectations continue to decline
- Thinks economy to grow 2.5% to 3% in the coming year
- Expects wage growth to pick up in 2016
- Weak oil would weigh on FOMC deliberations
Bullard is clearing a bit of a path not to hike but overall he remains Optimistic Jimmy.