Fed's Bullard: FOMC would be hesitant to raise rates if market volatility continues through Sept meeting

Bullard speaking with Reuters:

  • Market turmoil not so radical as to delay interest rate hike
  • China slowdown, market moves have had little effect on the US economic outlook
  • Markets are priced 'very dovish'
  • Willing ot hike rates once then 'hang out' if inflation remains too low

Similar to his earlier comments.

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