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Fed's Bullard: Should hold off on further rate hikes

St. Louis Fed president James Bullard recently crossed the newswires arguing that the Fed should hold off on further rate hikes.

Key quotes (via Reuters)

  • More weight should be placed on financial market signals in guiding the monetary policy.
  • Flattening yield curve, inflation expectations suggest the monetary policy is already neutral or possible ‘somewhat restrictive.'

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