Mr. Bullard tied his change in outlook to a belief that the... The change in view makes Mr. Bullard the most “dovish,” or reluctant to continue raising rates, of the 17 officials in Fed leadership roles, as the rest of his colleagues still see gradual rate increases over the next few years. Federal Reserve Bank of St. Louis President James Bullard said Friday he now favors just one interest-rate increase through 2018 after changing his view of where the economy is headed, putting him at odds with other policy makers.

Source: Wall Street Journal June 17, 2016 13:34 UTC