Fed's Bullard: Would back more rate hikes if inflation threatened to go significantly higher

St. Louis Fed President James Bullard was on the wires, via Reuters, stating that he would back more rate hikes if inflation threatened to go significantly higher.

Key quotes (via Reuters):

• Trimming bond portfolio would have only minor effects on market yields
• Ending bond reinvestments could cause Fed to slow U.S. rate hikes
• Overseas geo-political risks have not eased much for macro economy