James Bullard, president & CEO of the Federal Reserve Bank of St. Louis in a news conference from Seoul, South Korea at the Band of Korea conference
- Says revised GDP was encouraging
- Q2 GDP rebound seems to be materialising
- Says prefer to reserve judgment until June meeting on interest rate policy
- Says he has recently been critical of Fed's dot plot, might be giving too much forward guidance
- No change will come to monetary policy regardless of who is elected president
- Says hopes neither Clinton or Trump are interested in politicizing the fed
- Says markets well prepared globally for possible US rate hike
- He does not anticipate major market impact if there is a US rate hike in summer
Headlines via Reuters
