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Friday, March 24, 2017
Inflation has essentially returned to 2% says Fed's Bullard
Expects inflation to remain there
It's unwise to forecast a growth pickup in 2017
Labour market improvements have been slowing
A relatively low policy rate is likely to remain appropriate
Fed should be allowing the balance sheet to shrink now
A relatively dovish message from Bolshie Bullard. That can change like the weather.
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