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Thursday, April 6, 2023

Fundamental: Fed should stick to raising rates while labor market strong, Bullard says

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Alert Alert Apr 7, 2023, 2:00am
 
Fundamental: Fed should stick to raising rates while labor market strong, Bullard says
The Federal Reserve should stick to raising interest rates to lower inflation while the labor market remains strong, given the high probability recent financial stresses will continue to abate and absent a marked tightening of credit conditions, St. Louis Fed President James Bullard said on Thursday. "We've got a long ways to go and I think inflation is ...
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