Equities and USD have re-priced after Trump – Fed’s Bullard

St. Louis Fed James Bullard (voter, neutral) said on Wednesday that both the exchange rate and equities have re-priced following Trump’s victory in the US elections.

Bullard also added that one rate hike – probable next month – ‘could be enough’ to shift the stance on monetary policy to neutral, while increasing inflation expectations are seen as positive by the Fed.