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26 May 2017
Fed’s Bullard repeats view that Fed's expected rate hike path is overly aggressive
St. Louis Federal Reserve (Fed) President James Bullard comments on the inflation outlook during his scheduled speech in Tokyo.
Key Headlines via Reuters:
US price level has begun to deviate noticeably from expected path under 2% inflation target
Deviation from price-level path is not as bad as Japan’s case, but is worrisome
Repeats view that fed's expected rate hike path is overly aggressive