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Fed's Bullard: Market Swings Unlikely to Sway FOMC Outlook

Fri, 28 Aug 2015 11:07:17 GMT

Federal Reserve Bank of St. Louis chief James Bullard has said he doesn't believe recent market turmoil will deter the FOMC from hiking interest rates this fall, since the basic economic trajectory of the United States has not changed. Bullard's comments are in marked contrast to those made recently by other senior Fed officials, including NY Fed president William Dudley.  

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