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Former St Louis Fed President Bullard says we are in a higher-rate regime
Think St Louis Fed President James Bullard would shy away from the media after retiring from the St Louis Fed? Not a chance. No one loves to talk more than Bullard and he resurfaced today just ahead of Jackson Hole.Some highlights of his interview with Bloomberg:“I think the probabilities are that we are in a new regime that will be a higher interest-rate regime"“Inflation is above target today. Core inflation is likely to be sticky and come down rather slowly.” "The biggest question now is the...
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Posted: Aug 24 2023, 13:30
Author Name: forexlive
Views: 111792