Free Trial

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI BRIEF: Fed’s Bullard Won’t Rule Out 50BPS March Hike


St. Louis Fed President James Bullard said Thursday he does not yet have a view on how big a rate hike will be warranted at the Fed’s next meeting in March, but would not rule out a half percentage point increase in a briefing with reporters.

“What will happen now, I don’t know, I wouldn’t rule anything out for that meeting or any meeting in the future,” he said, adding that he sees fed funds peaking at 5.375%. “I do have a preference for the frontloading policy.” (See: MNI: Fed’s Peak Rate Looking Perkier As Jobs Boom-Ex-Officials)

“At the last FOMC meeting I was an advocate for a 50 basis point hike and I argued that we should get to the level of rates that the committee viewed as sufficiently restrictive as soon as we could. The committee made a different judgment,” Bullard added.

MNI Washington Bureau | +1 202 371 2121 |
MNI Washington Bureau | +1 202 371 2121 |

To read the full story

Why Subscribe to


MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.