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3232Fed’s Bullard Wants to Raise Bank Rate to 3.5% by Year’s End, Hints at 75 Basis Point Rate Hike
https://www.digit.info/feds-bullard-wants-to-raise-bank-rate-to-3-5-by-years-end-hints-at-75-basis-point-rate-hike/
Tue, 19 Apr 2022 16:00:16 +0000https://www.digit.info/2022/04/19/feds-bullard-wants-to-raise-bank-rate-to-3-5-by-years-end-hints-at-75-basis-point-rate-hike/Read more]]>The 12th president of the Federal Reserve Bank of St. Louis, James Bullard, thinks the U.S. central bank can increase the benchmark bank interest rate by 75 basis points this year. Bullard believes the Fed could raise rates to 3.5% by the fourth quarter of 2022 to combat the red hot inflation plaguing the U.S […]