Fed's Bullard says still want rates to get to 3.75% to 4.00% this year

• There is still some ways to go to get to restrictive monetary policy
• Fed is following data very carefully, thinks that "we will get it right"
• Q2 slowdown was more concerning than Q1
• We're going to move inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term back to 2% over time

There isn't anything here from Bullard that hasn't already been said but from the headline remark, he is alluding to at least a 50 bps rate hike in each of the final three FOMC meetings of the year. The Fed had toned down its aggressiveness after reaching neutral and markets will watch for any recessionary signals that could further dampen the mood in that sense. For now though, policymakers are adamant that they can keep on the path until year-end and that a 'real' recession is not on the cards.