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Fed's Bullard: Usual Cyclical Dynamics Can No Longer be Relied Upon

June 30, 2016 3:09 PM EDT

Federal Reserve Bank of St. Louis president James Bullard said today that the usual cyclical dynamics can no longer be counted upon and that markets took a larger-than-intended signal from the December rate hike, according to Bloomberg.

Remarks were similar to a speech made following the latest FOMC meeting on June 17th.



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Federal Open Market Committee, James Bullard