US Fed talking head Bullard still, er, talking 26 May 2016

Bullard in "still talking " shock news. Not

  • doesn't want to guess on how many rate hikes in 2016
  • markets read the latest FOMC Minutes correctly
  • remains worried that low rates could feed asset bubbles in US
  • risk only moderate that we are in an asset bubble. May rise later
  • full payroll report will be relevant

And on the recent reports that China has questioned them on hike timings he says:

  • China asking is part of the normal give and take
  • sees no problems with China asking about Fed's plans

Bullard puts his hands up to the fact that he talks, a bit.