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Fed Bullard: Continued policy rate increases can lock in disinflationary trend

Fed Bullard: Continued policy rate increases can lock in disinflationary trend
St. Louis Fed President James Bullard said yesterday, “I was an advocate for a 50-basis-point hike and I argued that we should get to the level of rates the committee viewed as sufficiently restrictive as soon as we could.” Bullard said “inflation remains too high but has declined,” adding that “continued policy rate increases can help […] The post Fed Bullard: Continued policy rate increases can lock in disinflationary trend appeared first on Action Forex... Read More
Posted: Feb 17 2023, 03:34
Author Name: actionforex
Views: 102254

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