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St. Louis Fed President James Bullard said in an interview with Bloomberg TV that an interest rate hike by the Fed in April was possible as the U.S. labour market continued to improve.
He was concerned about inflation expectations, which showed signs of stabilisation, but seemed to correlate with oil prices.
St. Louis Fed president criticised the Fed's dot plot forecasts of interest rates.
Bullard is a voting member of the Federal Open Market Committee (FOMC) this year.
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