Fed's Bullard: Concerned markets view Fed falling behind curve on hikes

FXStreet (Bali) - Fed's Bullard is crossing the wires, via Reuters, noting that he is worried markets could view Fed as falling behind the curve on hikes.

Additional headlines

Repeats zero is not right rate given US economy

US unemployment rate to fall below 5 pct by third quarter

Removing 'patient' at March meeting would allow, but not obligate, fed to raise rates in June

Even after Fed begins rate hikes, rates will stay low for next couple years

Worried that markets could view fed as falling behind curve on rate hikes

If Fed is seen as falling behind curve, result could be harrowing, disruptive

Says he's also worried about possible asset price bubbles in next couple years

Mismatch between markets' and Fed's view of rate path needs to be reconciled sooner or later

Fed should consider 'managing' balance sheet once it begins raising rates