Bullard, Down to One Rate Hike, Says Fed Communication Confusing Markets
Reuters, June 17, 2016–Schneider, Howard The U.S. economy may only need one rate hike for as long as 2-1/2 years and the Federal Reserve is eroding its credibility by indicating otherwise, St. Louis Fed President James Bullard said on Friday in arguing for an overhaul of how the central bank views and discusses policy.
