April 16, 2012 / 9:41 PM / 7 years ago

Fed's Bullard sees rate rise in late 2013

LOGAN, Utah (Reuters) - St. Louis Federal Reserve President James Bullard said on Monday he still expects the Fed to raise interest rates later next year, adding the U.S. economic recovery is on track despite a “mediocre” March jobs report.

“We haven’t done our (St. Louis Fed) forecast that’s coming next week but I don’t see a lot of change in our forecast,” Bullard told reporters. “The data has come our way.”

Reporting by Debbie Hummel in Logan; Writing by Jonathan Spicer in New York; Editing by Andrew Hay

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below