Fed's Bullard: Not 'pencilled in' a rate cut for this year

In an interview with Fox News, St. Louis Fed President Jamer Bullard said that he has not 'pencilled in' a rate cut for this year.

Key quotes

• Will keep rates where they are and see how economy does.
• Don't need to be preemptive on inflation.
• Sees unwinding of balance sheet ending before year's end.

Source: Reuters.