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1 year ago

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Fed's Bullard: Even 'dovish' policy assumptions require more rate hikes

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Fed's Bullard: Even 'dovish' policy assumptions require more rate hikes

Even under a "generous" analysis of monetary policy, the Federal Reserve needs to keep raising interest rates given that its tightening so far "had only limited effects on observed inflation," St. Louis Fed President James Bullard said on Thursday.

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Fed's Bullard: Even 'dovish' policy assumptions require more rate hikes

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Fed's Bullard: Even 'dovish' policy assumptions require more rate hikes

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