|
James
Bullard, President of the St. Louis Fed, proposed a bold solution to
combating inflation... He suggests
a more aggressive interest rate hike now that could put the Federal Open
Market Committee in an optimal position for reigning it back by 2023 without
risking recessionary complications. His
suggestion? To raise rates up to nearly 5.4%, accordingly aligned with market
pricing forecasts and trends... |
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Wednesday, February 22, 2023
Fed Official Pushes for Higher Interest Rates to Avoid Recession
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