Fed's Bullard: Hopeful of decision soon on balance sheet size

In an interview with CNBC, St. Louis Fed President James Bullard noted that the January jobs data was very strong.

Key quotes (via Reuters)

• Banks reserve demand will be larger than expected.
• Looking for some yield curve steepening.
• Economic growth slowdown does not necessarily mean anything negative.
• Should not presume Fed move one way or other.
• Time to wait and see how economy develops.
• Hopeful of decision soon on balance sheet size.
• Global economic situation not as robust as hoped.