St. Louis Fed President Bullard Warns of Entrenched Inflation Risks, Urges Proactive Monitoring and Policy Adjustments
St. Louis Federal Reserve President James Bullard has warned that inflation could become entrenched in the US economy, and requires careful monitoring. According to Bullard, interest rates are currently at the low end of a sufficiently restrictive range, but he insisted that efforts must be made to bring inflation back in line with targets. These […]