Tag: Bullard

Fed Should Stick to Raising Rates While Labor Market Strong, Bullard Says

April 7, 2023
BullardBusiness & Marketseconomic policieseconomyFedinflationMarketsrecessionUSUS News
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The Federal Reserve should stick to raising interest rates to lower inflation while the labor market remains strong, given the high probability recent financial stresses will continue to abate and absent a marked tightening of credit conditions, St. Louis Fed President James Bullard said on Thursday. “We’ve got a long ways to go and I…

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Fed’s Bullard Says Prospects for a US Soft Landing Are Rising

January 6, 2023
BullardBusiness & Marketseconomic policieseconomyFedinflationrecessionUSUS News
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St. Louis Federal Reserve leader James Bullard expressed optimism on Thursday that the new year could finally bring relief from inflation, adding the risk of a U.S. recession has fallen in recent weeks. The rate-setting Federal Open Market Committee “has taken aggressive action during 2022, with ongoing increases in the policy rate planned for 2023,…

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Fed’s Bullard: I Hope US Economy Repeats Outcome of 1994’S Soft Landing

June 21, 2022
BullardBusiness & Marketseconomic policieseconomyFedinflationUSUS News
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The U.S. Federal Reserve could raise interest rates swiftly this year and forge a “stellar” economy ahead if it can pull off a repeat of the success of the central bank’s 1994 tightening cycle, St. Louis Fed President James Bullard said on Monday. “That tightening episode caused some disruption that year,” Bullard said during an…

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