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St. Louis Fed president's call for higher interest rate hikes 'realistic,' money manager says

4 years 2 months ago
Bullard, president of the Federal Reserve Bank of St. Louis, told Bloomberg News he wants a full percentage point of interest rate increases over the next three meetings of the central’s bank’s policy meetings, in light of the hottest inflation reading in nearly 40 years. Here's why one St. Louis money manager says Bullard introduced a 'a much-needed dose of realism' into the inflation debate.
James Drew