Bullard: We don't need to be pre-emptive on interest rates

If you ask me, the March hike smelt of trying to play catch up.

• Wouldn't have dissented against March hike
• 3 hikes this year is potentially overkill
• Sees a somewhat stronger USD if the Fed gets too aggressive

I disagree on that last point. If the Fed hikes too fast the market will think there's a problem and the buck will fall, not rise.