Wednesday, February 17, 2016

St. Louis Fed's Bullard says 'unwise' to continue rate hikes for now

ST. LOUIS (Reuters) - It would be "unwise" for the U.S. Federal Reserve to continue hiking interest rates given declining inflation expectations and recent equity market volatility, St. Louis Fed President James Bullard said on Wednesday in comments that mark a stark change of direction for one of the Fed's more hawkish inflation foes.


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