Fed's Bullard (dove, non voter): GDP growth likely to grow in excess of 3% in Q2, Q3, and Q4 - comments to reporters
- Notes that Fed could need to adjust its late Q1 2015 interest rate views in light of the lower unemployment rate
- if unemployment drops below 6% this year, it could trigger policy adjustment discussions
- ending reinvestment of securities can be seen as 'mild tightening', and could be useful before increasing rates