Federal Reserve's Bullard still coming, this from more Reuters headlines:

  • Says needs to see recovery in market-based measures of inflation expectations to justify another rate hike
  • Federal Reserve had good reasons to hike in December and does not consider the move a mistake
  • Federal Reserve has ample capacity to fight a negative shock, including quantitative easing, but that is not his base case for the economy
  • Drop in equities more a return of more rational pricing rather than an indicator of poor economic performance

Bullard responding to media questions here

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