- 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.
