St Louis Fed president may support rate increase

bullard-stlouis-fed
James Bullard

James Bullard, president of the St Louis Fed, has hinted strongly that he favours a single increase in the Fed's policy rate at the next meeting of the Federal Open Markets Committee (FOMC).

US unemployment and inflation rates were "close to their long-run values", Bullard told an audience in Arizona on December 5. Nonetheless, he said, "the St Louis Fed's rate path projection is much flatter than those of the rest of the committee". Bullard is currently one of eight voting members of the FOMC,

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: