Republican sweep could break gridlock in economic boost - Fed's Bullard

ST. LOUIS, Nov 10 (Reuters) - The U.S. election results could break the gridlock of divided government in Washington and to that extent be an economic boost, St. Louis Federal Reserve President James Bullard said on Thursday.

Bullard said markets are still trying to assess the impact of Donald Trump's victory, but so far "it is not a level of volatility that is troubling... It certainly breaks gridlock in Washington, which has been a key complaint of how the economy has operated."

(Reporting by Howard Schneider; Editing by Chizu Nomiyama)

Click through for business leaders who supported Trump during his campaign:

Business leaders who endorse Donald Trump
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Business leaders who endorse Donald Trump

Steve Forbes, Chairman and Editor-in-Chief of Forbes 

Photo: Reuters

Peter Thiel, Venture Capitalist, co-founder of PayPal

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Kenneth Langone, co-founder of The Home Depot

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Bernard 'Bernie' Marcus, co-founder and former chairman of Home Depot 

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Pete Coors, Chairman of MillerCoors

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Linda McMahon, formerly CEO of World Wrestling Entertainment

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Brian France, Chairman and CEO of NASCAR

Photo: Reuters

Herman Cain, American author and business executive

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Carly Fiorina, former CEO of Hewlett-Packard

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