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Feds Bullard: Higher rates are insurance against inflation. Leaning toward a June hike.

Feds Bullard: Higher rates are insurance against inflation.  Leaning toward a June hike.
St. Louis Fed Pres. James Bullard in a Financial Times interview is leaning toward a hike in June:higher rates are insurance against inflationhe will keep an open mind going into June meeting but is inclined to another hikefall in treasury yields offsets banking sector tighteningstill believes rates are at the low end of sufficiently restrictive with the top and seen above 6%better and more prudent to be in the middle of the zone (i.e. 5.5% ish)Bullard is more of a hawk but has been lightning up... Read More
Posted: May 18 2023, 16:41
Author Name: forexlive
Views: 102182

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