Fed's Bullard: Given weak inflation, no need for Fed to continue raising rates

Delivering a prepared speech on the US economy and the monetary policy in Little Rock, Arkansas, St. Louis Fed President James Bullard argued that given the weak inflation, there was no need for the Fed to continue raising short-term interest rates.

Key quotes (via LiveSquawk)

Yield curve "not infallible" as predictor of economy, but risks of inversion should be taken seriously by policymakers and investors.

Unlikely long-term rates will increase to match or exceed Fed's expected pace of policy tightening.