NEW YORK—St. Louis Federal Reserve Bank President James Bullard said he sees the unemployment rate falling below 3 percent this year, a jobless rate the U.S. economy last saw in the early 1950s. “I think unemployment is going to go down below 3 percent this year,” Bullard said on Tuesday in a Reuters interview. He…
Fed’s Bullard Says US Unemployment Rate Can Go Below 3 Percent This Year
Bullard Says Fed Should Tack ‘Hawkish’ in Next Couple of Meetings
November 16, 2021
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WASHINGTON—The U.S. Federal Reserve should “tack in a more hawkish direction” over its next couple of meetings to prepare in case inflation does not begin to ease, St. Louis Federal Reserve bank president James Bullard said on Tuesday. “If inflation happens to go away we are in great shape for that. If inflation doesn’t go…
Fed’s Bullard: US Businesses Having No Problems Raising Prices
U.S. businesses are having few problems raising prices on customers for the first time in years, St. Louis Federal Reserve Bank President James Bullard said on Monday, as he warned that inflation could remain elevated for some time to come amid fears higher expectations become entrenched. Bullard’s business contacts in his Fed district and around…
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