Friday, June 17, 2016

St. Louis Fed's Bullard says U.S. may only need single rate hike for now

WASHINGTON (Reuters) - The U.S. economy, stuck in a slow-growth pattern that is likely to persist for the forseeable future, may need no more than a single additional rate hike for as long as 2.5 years, St. Louis Fed President James Bullard said on Friday.

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