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Home»Finance»Fed’s Bullard says he would be surprised if the Fed didn’t hike rates in December
Finance

Fed’s Bullard says he would be surprised if the Fed didn’t hike rates in December

DeepBy DeepNovember 16, 2016No Comments1 Min Read
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James Bullard

Mike Mergen | Bloomberg | Getty Images
James Bullard

It would need a surprise for the Federal Reserve not to raise U.S. interest rates next month, one of the central bank’s policymakers, James Bullard, said on Wednesday.

“You would have to have a surprise at this point,” for the Fed not to increase rates, Bullard told reporters at a UBS banking conference in London.

He said the only reason to hold off would be the kind of big shocks that caused it to pull back in the past, such as widespread global market volatility or bad U.S. jobs data.

source”cnbc”
be Bullard: December didn’t Fed Fed's he hike If In rates says surprised the would
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