Comments from St Louis Fed President James Bullard:

  • Markets and FOMC not thinking in terms of January move
  • Strong US jobs number may mean outlook for four hikes may be about right although inflation remains uncertain
  • More information is needed before making a decision on March hike
  • Would put more weight on inflation if inflation expectations continue to decline
  • Thinks economy to grow 2.5% to 3% in the coming year
  • Expects wage growth to pick up in 2016
  • Weak oil would weigh on FOMC deliberations

Bullard is clearing a bit of a path not to hike but overall he remains Optimistic Jimmy.