Fed's Bullard: 2% growth about what to expect this year in the US

James Bullard, President of the Federal Reserve Bank of St. Louis, speaking at a Macro/Finance Workshop, quoted via Bloomberg TV, notes that interest rate does not have to be raised all that much. 

Key Quotes

2% growth about what to expect this year in the US

Jobs report consistent with 2% growth

need balance sheet normalisation to allow the long end to adjust

Thinks inflation will stay around where it is now

jobs growth around 100K is consistent with trend

Federal Reserve has been predicting a slowdown in jobs growth