Fed's Bullard: Won't have enough data on inflation, economy, to consider a Dec rate increase

Following his prepared remarks at a conference, St. Louis Fed President James Bullard delivered additional comments, with key quotes (via Reuters) found below:

  • Negative jobs number 'startling' even given hurricane effect
  • Won't have enough data on inflation, economy, to consider a December rate increase
  • Increasingly concerned fed will make a policy mistake if it continues raising rates without more proof inflation is increasing
  • Of Fed nominees that names mentioned so far are "eminently qualified"
  • Fed putting too much faith in link between unemployment and inflation

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