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Further rate hikes should not be taken as a given: Fed's Bullard

His recommendation is not to "prejudge" the outcome of the upcoming Fed policy meeting in December

Mr Bullard said that the jump in the 10-year yield, or the steepening of the yield curve, is "comforting" as it means that the US is moving further away from a yield curve inversion.


FURTHER interest rate hikes by the US central bank this year should not be projected as a given, and that any decisions on policy should depend on incoming data, said St Louis Federal Reserve Bank President James Bullard in Singapore on Monday.

While he acknowledged that...

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