Federal Reserve's Bullard speaking with reporters
- Says there's 'really no rush' to raise US interest rates
- Says wants to raise rates on good economic news, wants to raise rates once this year
- A coherent, economically oriented immigration policy would benefit US greatly
- Don't see particularly elevated uncertainty around political election this year
Headlines via Reuters
St. Louis Fed President James Bullard.
You'll have to excuse me, I'm not sure if it's a 'flip' or a 'flop' day for Mr. B. I've lost track.
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More:
(via Bloomberg):
- The Fed is 'basically right at our goals' on jobs and inflation
- 'People want to wait and see' in the wake of the Brexit vote
- Says Brexit will probably have zero impact on the US
Mr. B is gonna give me a slap for that flip flop comment ...