Fed’s Bullard: Rates are likely already back up to neutral

Same old stuff from Bullard

• Don’t raise Fed rates and risk inverting the yield curve
• We don’t need to move rates to keep inflation at our goal
• Tax reform could spur faster growth without inflation

Bullard is a dove. I’m sympathetic to some of his views on inflation but he tends to be very stubborn and is a lone wolf, so his comments truly only represent his own views.