Fed's Bullard: Four rate hikes in 2022 now very likely, March hike likely amid high inflation - WSJ By Frank_Macro Fed Inflation InterestRate
According to Federal Reserve Bank of St. Louis President James Bullard, four rate hikes in 2022 now appear to be on the table and, in the face of high inflation, a rate hike in March seems likely. The labour market is as tight as anyone has ever seen it, Bullard added in a interview with the WSJ, adding that the unemployment rate may fall below 3.0% this year. "High inflation necessitates policy tightening sooner rather than later.""I expect inflation to ebb to 3.
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