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Bullard, James on 2017 June 22 at 11:00

The trajectory that the committee has laid out seems to me to be inappropriate given the situation that we’re in.

Last week’s rate increase is “not such a big problem,” Mr. Bullard said in an interview Wednesday. But the projection to raise the federal-funds rate to 3% over the next 2½ years “is unnecessarily aggressive,” he said. “The trajectory that the committee has laid out seems to me to be inappropriate given the situation that we’re in.” Bullard, James

Wall Street Journal Interview

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