Fed’s Bullard: No need to be aggressive with rate hikes

More comments crossing the wires from St. Louis Fed President James Bullard, as he continues to speak on the monetary policy program.

Key Headlines:

Looks like 2017 growth won't be "gangbusters"

Still expecting two percent growth this year 

No need to be aggressive with rate hikes

Expects upcoming PCE numbers to be "hot" following CPI data

Does not think uncertainty over trump administration policies will be resolved soon enough to warrant adjusting policy

Would be "overkill" for fed to try to preempt impact of new fiscal policies

US 3-month Treasury yield jumped 10 bps on hawkish Fed comments

The short duration and the long duration treasury yields jumped this Tuesday morning after the comments from the Fed officials boosted March Fed rate
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Trump’s speech “will lay out an optimistic vision for the country – Rabobank

Michael Every, Head of FMR, Asia-Pacific, Rabobank, offers insights on what to expect from Trump’s congressional address due out shortly. Key Quotes:
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