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Fed's Bullard: Fed has reached 'end of the road' on rate hikes

Additional comments from St. Louis Fed President James Bullard continue to cross the wires.

Key quotes (via Reuters)

  • Fed has reached 'end of the road' on rate hikes.
  • Wanted to include reference to softer inflation expectations in December post-meeting statement.
  • Policy rate is ‘probably in the right place for right now’.
  • ‘Concerned’ Fed is on the ‘precipice of a policy mistake’.

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