Former St. Louis Fed Chief Bullard Supports A September Rate Hike – ‘Good Time To Re-Establish Credibility On Inflation Fighting’
Bullard said the Fed has to take action to convince markets that it ‘really’ wants to get inflation back down to 2%. Bullard said he supports the idea of a rate hike, noting that while the latest jobs report was mixed, unemployment remains low and the broader labor market appears stable. He said acting now … Read more