Bullard says he’d like to get off zero rates sooner

Author: Ryan Littlestone | Category: Central Banks
  • Says it’s reasonable to expect rate rises June or July (He’s not voting this year)
  • Dollar is not far from average over past 15 years
  • Oil price drop is very unambiguous positive for US
  • Markets too dovish on Fed rate outlook
  • Sees unemployment below 5.0% in Q3 2015
  • Says Zero interest rate is not right for this economy
  • Dollar move over last two years is not surprising
  • Says ECB QE is driving down US interest rates
  • Waiting to raise rate risks falling behind the curve
  • Oil price decline appears very persistent
  • Expects longer term inflation expectations to rise

Bully Bullard is speaking on Bloomberg TV

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