Fed’s Bullard: Fed may only need to do one more rate hike this year

St. Louis Fed President James Bullard is yet again on the wires, still speaking at a workshop-event in Melbourne.

Headlines:

Fed may only need to do one more rate hike this year

Obs report was relatively weak

Fits with view that inflation will remain around 2%

Will take a bit of time to get agreement on ending re-investment

Does not see Syria as a major geopolitical event that would impact fed mon pol