- Says he’s worried about inflation expectations slipping in Europe
- ECB needs to take action
- Another recession in Europe would be a serious issue for US monetary policy
- Says he’s sticking to Q1 2015 forecast for first rate hike
- Disagrees with Fed’s description of labour resources
- Committee doing a lot more on exit strategy
- Says market is trading more dovishly than the FOMC median
- Hawkish slant is not bad news for the economy
- Market is looking for funds rate lower than forecast
- FOMC too pessimistic on jobs market
- Expects 200k+ jobs growth and jobless rate coming down to 5% handle
Bully Bullard is speaking on CNBC and Bloomberg radio
