Federal Reserve's Bullard speaking with reporters

  • Says there's 'really no rush' to raise US interest rates
  • Says wants to raise rates on good economic news, wants to raise rates once this year
  • A coherent, economically oriented immigration policy would benefit US greatly
  • Don't see particularly elevated uncertainty around political election this year

Headlines via Reuters

St. Louis Fed President James Bullard.

You'll have to excuse me, I'm not sure if it's a 'flip' or a 'flop' day for Mr. B. I've lost track.

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More:

(via Bloomberg):

  • The Fed is 'basically right at our goals' on jobs and inflation
  • 'People want to wait and see' in the wake of the Brexit vote
  • Says Brexit will probably have zero impact on the US

Mr. B is gonna give me a slap for that flip flop comment ...