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Bullard, James on 2017 February 15 at 13:30

We have the one increase this year. I'm a little agnostic about timing on that... Given the numbers on the economy I see I think we can afford to wait until later in the year to make our move.

Rates just aren't that high globally so you don't have to do as much in this environment to keep inflation under control. So we think we're actually in pretty good shape. We have the one increase this year. I'm a little agnostic about timing on that.  We'll see how that evolves as we go through the year. Given the numbers on the economy I see I think we can afford to wait until later in the year to make our move. [The March meeting] is only a couple of weeks away and obviously Congress has to grind through the legislative process. Bullard, James

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