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06.05.2016 15:43

St. Louis Fed President James Bullard: global headwinds seem to dissipate in the first half of the year

St. Louis Fed President James Bullard said on Thursday that he did not decide how to vote on the monetary policy yet. He noted that global headwinds, which weighed on the Fed's monetary policy, seemed to dissipate in the first half of the year.

"Those factors appear to be waning during the first half of 2016," St. Louis Fed president said.

He also said that the effects of a stronger U.S. dollar seemed also to dissipate.

Bullard is a voting member of the Federal Open Market Committee (FOMC) this year.

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