Fed Bullard foresees higher rates to tackle inflation, dismisses recession fears

In a Reuters interview, St. Louis Fed President James Bullard expressed his views on interest rates, inflation, and the possibility of a recession. Contrary to some of his FOMC colleagues who foresee interest rates peaking at 5.00-5.25%, Bullard believes the policy rate may need to rise between 5.50% and 5.75% to effectively combat inflation. Bullard […]

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