Another spurt for the USD
Bullard comments are being reported, but they are not that USD bullish ...
- Says US price level has begun to deviate noticeably from expected path under 2-pct inflation target
- Deviation from price-level path is not as bad as Japan's case, but is worrisome
- Repeats view that Fed's expected rate hike path is overly aggressive
Bullard speaking from Tokyo
James Bullard, head of the St. Louis Federal Reserve branch.
