Bullard on CNBC

  • Might see more potential investment in the United States
  • There is some potential for US growth to improve

Bullard pretty much abandoned his hawkish leanings at the worst possible time. He dropped all forecasts for hikes last year and inserted a flat dot plot. Now, it looks like the Fed is about to embark on a cycle of raising rates.

Update

Bullard says he isn't changing his forecast for one hike. He adds that policy changes from the new government could affect the economy more in 2018 and that the market is a little ahead of itself.