Fed's Bullard Says One Rate Increase Is All That's Needed for Now

The FedReuters

St. Louis Federal Reserve President James Bullard said on Monday that a single U.S. interest rate rise would be all that was necessary for the time being, repeating comments he had made recently.

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Bullard was speaking on the U.S. economy and monetary policy before a conference co-sponsored by the Association for University Business and Economic Research (AUBER), in Fayetteville, Ark.

(Reporting by Howard Schneider in Washington)

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