Wednesday, February 22, 2023

Fed Official Pushes for Higher Interest Rates to Avoid Recession

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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...

Read more HERE


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