St. Louis Fed President James Bullard said in an interview Wednesday that he expects the first rate hike to come in the first quarter of 2015, though he concedes that he's ahead of most of his colleagues. In an interview on Bloomberg Radio, he says a faster rate of U.S. economic growth as well as Europe out of recession should lift inflation closer to its 2% target. He noted that the jobless rate has come down quicker than many on the FOMC had anticipated