Category: James Bullard

Fed’s Bullard Says US Unemployment Rate Can Go Below 3 Percent This Year

February 2, 2022
Business & EconomyeconomyFedJames BullardunemploymentUS
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NEW YORK—St. Louis Federal Reserve Bank President James Bullard said he sees the unemployment rate falling below 3 percent this year, a jobless rate the U.S. economy last saw in the early 1950s. “I think unemployment is going to go down below 3 percent this year,” Bullard said on Tuesday in a Reuters interview. He…

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Bullard Says Fed Should Tack ‘Hawkish’ in Next Couple of Meetings

November 16, 2021
Business & EconomyBusinesses in COVID-19economic policiesEconomieseconomyFedinflationJames BullardmeetingsUSUS NewsUSA
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WASHINGTON—The U.S. Federal Reserve should “tack in a more hawkish direction” over its next couple of meetings to prepare in case inflation does not begin to ease, St. Louis Federal Reserve bank president James Bullard said on Tuesday. “If inflation happens to go away we are in great shape for that. If inflation doesn’t go…

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Fed’s Bullard: US Businesses Having No Problems Raising Prices

October 5, 2021
Business & EconomyEconomieseconomyFederal Reserve bankJames BullardMarketsSt. LouisUS
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U.S. businesses are having few problems raising prices on customers for the first time in years, St. Louis Federal Reserve Bank President James Bullard said on Monday, as he warned that inflation could remain elevated for some time to come amid fears higher expectations become entrenched. Bullard’s business contacts in his Fed district and around…

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