Category: St Louis Fed

Fed Official Sends Hawkish Signal, Sees Policy Becoming ‘More Aggressive Rather Than Less’ to Tame Inflation

November 29, 2022
Business & Marketseconomic policieseconomyFederal ReserveinflationPolicySt Louis FedUS
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Jim Bullard, president of the Federal Reserve Bank of St. Louis, has dismissed the possibility of the central bank easing its policy-tightening stance, warning that it might instead become even more aggressive. “Markets are underpricing the risk that the FOMC [Federal Open Market Committee] will have to be more aggressive rather than less aggressive in…

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Fed Official Hits Hawkish Note on Inflation, Says It Is ‘Very Broad-Based’ and ‘More Work to Be Done’

August 25, 2022
Business & Marketseconomic policieseconomyEsther GeorgeFederal Reserveinflationinterest ratesJames BullardJay PowellrecessionSt Louis FedUS
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Despite calls for a tighter monetary policy to fight high inflation, Federal Reserve policymakers have yet to commit to the size of the next rate increase at its policy meeting in September, said Esther George, president of the Federal Reserve Bank of Kansas City. It also remains far from clear whether the easing of U.S. inflation…

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