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The Fed: Fed’s Bullard sees no reason interest rates need to move much at all

An earlier version of this story incorrectly described President Bullard’s voting status on the central bank’s policy committee. The story has been corrected.

Bloomberg

St. Louis Fed President James Bullard sees the central bank’s target rate staying below 1% through 2019

No matter what you have heard about looming inflation or President Donald Trump’s economic policies, interest rates can remain low, St. Louis Fed President James Bullard said on Thursday.

Last year Bullard altered the way he forecasts the economy and predicted the federal-funds target rate would stay below 1% through 2019.

In a speech at the Olin Business School at Washington University in St.

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