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6 Nov 2015
Fed's Bullard: Guidance about possible Dec rate hike was needed
FXStreet (Bali) - In an exclusive interview with Reuters, St. Louis Fed President James Bullard said on Thursday that Fed faces challenge to justify possible slowdown in employment growth, adding that guidance about a possible Dec rate hike was needed.
Key headlines - via Reuters
Bullard says job growth of 100,000 to 125,000 adequate for economy, but could be misread as an economic slowdown after months of high jobs growth
Bullard says guidance about a possible december rate hike was needed in recent fed statement to "reel" back investors who doubted central bank's plans
Bullard says liftoff of rates to be followed by "healthy debate" over how to decide on subsequent increases after so many years at zero
Bullard says cumulative progress of economy justifies move from zero rate policy
Key headlines - via Reuters
Bullard says job growth of 100,000 to 125,000 adequate for economy, but could be misread as an economic slowdown after months of high jobs growth
Bullard says guidance about a possible december rate hike was needed in recent fed statement to "reel" back investors who doubted central bank's plans
Bullard says liftoff of rates to be followed by "healthy debate" over how to decide on subsequent increases after so many years at zero
Bullard says cumulative progress of economy justifies move from zero rate policy