Fed's Bullard: Would be surprise if Fed didn't hike rates in December

November 16, 2016 6:27 AM EST

St. Louis Fed President James Bullard speaks about the U.S. economy during an interview in New York February 26, 2015. REUTERS/Lucas Jackson


Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.

LONDON (Reuters) - 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.

(Reporting by Marc Jones; Editing by Hugh Lawson)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Fed, Forex, Reuters

Related Entities

UBS, James Bullard

Add Your Comment