Fed's Bullard: doesn't see 120bps hike in 2018 - CNBC

St. Louis Federal Reserve President James Bullard, while speaking on economic growth on CNBC this Thursday, said: 

   •  Idea that we have to go 100bp in 2018 seems a lot to me
   •  Doesn’t see 120bp hike in 2018
   •  Have ways to go on inflation story
   •  Neutral Fed fund rate is pretty low
   •  Fed to make judgments as data comes in
   •  GDP growth expected to slow in 2019
   •  2018 GDP growth seen at 2.4-2.5%