Economics

Fed’s Bullard Says High Inflation May Warrant 2022 Liftoff

  • Says natural for Fed to take hawkish tilt amid inflation risk
  • Leans toward curbing Fed’s MBS role to not feed housing froth
Summers: Transient Inflation on the Smaller Side
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Inflation risks may warrant the Federal Reserve beginning raising interest rates next year, St. Louis Fed President James Bullard said, backing an even-earlier liftoff than penciled in by many of his colleagues.