by Dismal-Jellyfish Sources: https://www.marketwatch.com/story/feds-bullard-backs-two-more-hikes-359fb941: St. Louis Fed President James Bullard on Monday said he would like to see two more quarter-percentage-point interest-rate hikes this year. “I think we’re going to have to grind higher with the policy rate in order …
FED'S BULLARD: THE FED RISKS A REPLAY OF THE 1970S IF IT CAN'T LOWER INFLATION SOON. — FinancialJuice (@financialjuice) February 16, 2023 FED'S BULLARD: I WOULDN'T RULE OUT SUPPORTING 50-BP MARCH HIKE. — FinancialJuice (@financialjuice) February 16, 2023 10-Yr right …
by confoundedinterest17 Federal Reserve Bank of St. Louis President James Bullard said he favors a strategy of “front-loading” big interest-rate hikes, and repeated he wants to end the year at 3.75% to 4% to counter the hottest inflation in four decades. “We still …
by confoundedinterest17 Alarm! No problemo, says James “Bully” Bullard, President of the St Louis Federal Reserve. Bullard said that US recession fears are overblown with consumers “healthy.” Really Jim? Inflation is so bad they REAL average hourly earnings growth keeps falling …
by confoundedinterest17 Call this “The running of the Bull(ard)s mouth.” Federal Reserve Bank of St. Louis President James Bullard said he supports raising interest rates by a full percentage point by the start of July — including the first half-point hike since 2000 — …
Can #QE really rescue the World? The powerful Bullard curve warns that Japanification is the result when ultra low interest rates are used. They encourage us to pile on debt!! #inflation may prove only a temporary blip @rbrtrmstrng @RealVision @ttmygh …
by confoundedinterest17 (Bloomberg) — Applications for U.S. state unemployment insurance fell last week to a fresh pandemic low, indicating that dismissals are easing as business conditions improve and firms look to increase headcounts. Initial claims in regular state programs decreased by 26,000 to …
by confoundedinterest17 “The inflationary impulse is more intense than we were expecting,” St. Louis Fed’s Bullard. “There is some upside risk to that. You’ve got more reopening to occur in the second half of the year.” Well, Bullard is tied with …
via daily times St. Louis Federal Reserve Bank President James Bullard on Friday raised new alarm bells over the US central bank’s plan to keep raising interest rates, warning that even one more rate hike could set the stage for …