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Bullard, James on 2018 February 22 at 06:00

The idea that we need to go 100 basis points in 2018, that seems like a lot to me… Everything would have to go just right.

The idea that we need to go 100 basis points in 2018, that seems like a lot to me… Everything would have to go just right. The economy would have to surprise on the upside a bunch of times during the year. I'm not sure that's a good way to think about 2018. … One thing I'm concerned about is if [there's] a bunch of hikes this year Fed policy will turn restrictive.  The neutral fed funds rates is pretty low. Bullard, James

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