Fed must be willing to pause, speed pace of rate hikes: Bullard
St. Louis Fed President James Bullard speaks about the U.S. economy during an interview in New York February 26, 2015. REUTERS/Lucas Jackson
PHILADELPHIA (Reuters) - The Federal Reserve must be willing to either pause or speed up the pace of rate hikes after liftoff, which looks to be imminent, said St. Louis Fed President James Bullard.
"It looks like we're on the eve of normalization here," he told a Philadelphia Fed conference, adding asset price bubbles may be growing and deserve watching.
(Reporting by Jonathan Spicer; Editing by Chris Reese)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Iran's Khamenei urges Gulf rulers in written message to confront 'real enemy'
- US to take 35% stake in Venezuelan mogul Betancourt's oil venture, WSJ reports
- One dead, several injured, in Swiss shooting incident, police say
Create E-mail Alert Related Categories
ReutersRelated Entities
James BullardSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share