Bullard is speaking with Bloomberg TV in Asia this morning
- Does not see much inflation pressure in US economy
- cannot take as much signal from low unemployment rate as in the past
- Nafta announcement is a very positive development
- Plenty of prospects for US / China trade negotiation
- My view is rates are close to neutral, don't need to get a lot higher with policy rate
James Bullard is President of the St. Louis Federal Reserve branch. He is at the less hawkish end of the FOMC spectrum, but its getting lonely at that end! Bullard does not have a vote on the FOMC this year, but will in 2019.
