Fed's Bullard: Need strong data to go it alone among global central banks

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Reuters LONDON
Last Updated : Jun 29 2017 | 11:22 PM IST

LONDON (Reuters) - The U.S. Federal Reserve needs to see strong economic data to have the confidence to keep tightening policy while other global central banks are maintaining easy monetary conditions, St. Louis Federal Reserve chief James Bullard said on Thursday.

"The U.S. is kind of trying to go it alone...which we can do and we certainly have done historically," Bullard told an OMFIF event in London.

"But if you want to go it alone in this environment you have to really have data that's coming in strong behind you and justifying what you want to do."

(Reporting by Ritvik Carvalho; Editing by John Geddie)

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First Published: Jun 29 2017 | 11:07 PM IST

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