Tag Archives: Bullard

(Bloomberg) — Federal Reserve Bank of St. Louis President James Bullard left open the possibility that the central bank would raise interest rates by 75 basis points at each of its next two meetings in November and December, while saying it was too soon to make that call. Most Read from Bloomberg The Fed hiked rates by 75 basis points for the third straight meeting last month, to a target range of 3% to 3.25%. Officials projected 125 basis points of tightening for the rest of the year,… Source link

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Federal Reserve Bank of St. Louis President James Bullard urged policy makers to raise interest rates to 3.5% this year to bring inflation down from near a four-decade high, adding that some of those hikes could be reversed late next year or in 2024. Bullard reminded the Economic Club of Memphis on Wednesday that in late 2019, prior to the Covid-19 pandemic,… Source link

James Bullard, president of the Federal Reserve Bank of St. Louis, joined Yahoo Finance to discuss his outlook on inflation and the central bank’s response. Below is a transcript of his appearance, aired live on May 11. – BRIAN CHEUNG: I am joined here live on Yahoo Finance in an exclusive conversation with St. Louis Fed President James Bullard. Obviously the Federal Reserve very much in focus so it’s great to have you on the program President Bullard. How are you? JAMES BULLARD: Very good,… Source link

James Bullard, president of the Federal Reserve Bank of St. Louis, spoke with Yahoo Finance to discuss inflation risks and what lies ahead for Fed policy. Below is a transcript of his appearance on May 24, 2021. – AKIKO FUJITA: President Bullard, it’s good to talk to you today. When you look back at the more recent economic data, it really did feel like the CPI number that came out a few weeks ago kind of spooked the market. We’ve also seen what was really a disappointing jobs number back in… Source link