Fed’s Bullard says risk of falling behind the curve has increased

By FXStreet St. Louis Fed President Bullard, while speaking to Bloomberg, was little hawkish in saying the odds of Fed falling behind the curve have increased.

Key points

Jobless rate may fall below NAIRU in near term

Says Fed policy is in a reasonably good shape

Considered withdrawing from dot forecasting

Dot plot may have helped trigger early year sell off
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Source:: FX Street