Bandy Bullard speaking in St Louis

  • Only thinks one hike is needed for the foreseeable future

  • Despite strong jobs data, the economy is stuck in a low growth, low inflation and low unemployment regime, with the path of interest rates essentially flat

Pretty much repeating comments made at the end of June.

FYI. The Fed's Daniel 'Mr Regs' Tarullo spoke earlier and didn't mention monetary policy.