- St. Louis Fed president Bullard: Possibility of higher growth for more years to come bodes well for U.S. economy and workers but needs careful Fed risk management
Market news
3 August 2021
St. Louis Fed president Bullard: Possibility of higher growth for more years to come bodes well for U.S. economy and workers but needs careful Fed risk management
- Says he wants end of crisis-era policies to begin soon so Fed can move in smaller increments rather than risk a "scramble" if high inflation persists
- Pandemic may have opened up a new "regime" of higher productivity, higher inflation, and higher volatility
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