October 18, 2018 / 2:10 PM / 2 months ago

Trump has named 'standard, traditional' thinkers to Fed -Bullard

FILE PHOTO: St. Louis Federal Reserve Bank President James Bullard speaks at a public lecture in Singapore October 8, 2018. REUTERS/Edgar Su

MEMPHIS, Tenn. (Reuters) - U.S. President Donald Trump has appointed “standard, traditional” central bankers to the Federal Reserve despite being harshly critical of its monetary policy, St. Louis Fed President James Bullard said on Thursday.

“I like our process. I like the president’s appointments,” Bullard said in response to a question at an event in Memphis.

Fed policymaker statements and recently released minutes from the September policy meeting indicate Trump’s criticism of the central bank’s interest rate hikes have had little influence over its plans.

Reporting by Howard Schneider; Editing by Paul Simao

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