Fed's Bullard says rates can remain low through 2017

U.S. interest rates can likely remain low through at least 2017, with no clear sense yet of whether the new Trump administration's policies will touch off higher inflation or growth, St. Louis Federal Reserve Bank President James Bullard said on Thursday. Despite administration talk of large tax cuts and infrastructure spending, actions that could stoke inflation in an economy considered near full employment, Bullard said inflation expectations remain low.