St. Louis Fed's Bullard on Monday said "substantially" higher rates risk overly tight policy.
Central bankers need to follow the economy, which is showing strength but still little inflation, says St. Louis Fed President James Bullard.
James Bullard is CEO and president of the Federal Reserve Bank of St. Louis.
The U.S. tax legislation approved last year is likely to boost growth and investment, St. Louis Fed President James Bullard said.
Solid economic data reinforced expectations that the Federal Reserve will press ahead with increases to U.S. interest rates.
U.S. government bond yields rose on Tuesday, as investors digested more economic data and an auction.
U.S. stock index futures pointed to a lower open, as investors continue to wade through another batch of corporate earnings and data.