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James Bullard, President of the St. Louis Federal Reserve, is on the wires now, via Reuters, commenting on the impact of the tariffs on the Fed policy.

Key Points:

“Tariffs would have to stay six months to impact the Fed policy.”

“Can see a boom in China after a trade deal.”

“Farming communities very concerned about trade war.”

“Rates are in a good place in us right now.”

“If anything the US rates are a bit restrictive.”

“Fed may have overdone it with December hike.”