Fed’s Bullard reiterates his call for a rate hike

FXStreet (Mumbai) - St. Louis Fed President James Bullard, who's not a voting member on the central bank's policy committee this year, once again reiterated on Monday that he would have dissented on vote to keep rates unchanged.

Over the weekend, the policy maker said the Fed’s case for continued cheap money is not compelling.

Key Quotes

It was time for Fed to move. Prudent thing to do is move policy toward normal

Fed to have very easy policy in next few years

Fed shouldn't react to financial markets