Fed Bullard: Goal is to raise rates to some meaningfully restrictive level

St. Louis Fed President James Bullard said yesterday that Fed’s goal is to front-load aggressive rate hikes to move to “some meaningfully restrictive level” that would push inflation down. For November meeting, Bullard said the results “has been more or less priced in to markets” for a 75 basis-point hike, even though he’d prefer to decide […]

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