Fed’s Bullard: Continued rate increases would “lock in” slowing inflation

The Federal Reserve's James Bullard has crossed the wires and stated that the market-based expectations of inflation are "now relatively low" and that the economy is growing faster than previously thought with unemployment below the long-run rate and output above its potential.

He said inflation "remains too high" but note that it has come down recently.

More to come...

US Dollar update

More to come...