marketwatch interview
  • Rates need to go higher to bring inflation down
  • We've got a ways to go
  • Repeats that he will defer to Powell on the pace of hikes
  • Rates won't come down as much as markets would like
  • 200K jobs created in Nov would still be well-above historical trend
  • GDP is trending very strong for Q4
  • Says upcoming disinflation skews message from yield curve, means it's not sending 'quite the same signal' as earlier episodes

Bullard is speaking with Marketwatch.