Fed's Bullard says has shifted view, sees a 2017 rate hike

(Reuters) - St. Louis Federal Reserve President James Bullard, who until this week had said the U.S. economy needed only one interest rate hike for the next several years, said on Friday that he now views another rate hike next year as appropriate. Speaking two days after the Fed raised its benchmark rate by a quarter of a percentage point, Bullard told the Wall Street Journal that the rise in bond yields since the victory of U.S. President-elect Donald Trump has convinced him the economy can wi