Fed's Bullard: There is ‘some room to run’ in the labor market

St. Louis Fed President James Bullard crossed the wires in the last hour, providing key quotes, via Reuters, found below.

• There is ‘some room to run’ in the labor market.
• FOMC should lay down a strategy for how much to ultimately cut balance sheet.
• Expects U.S.-china trade problems to last for a long time.