Economics
Fed Could Lift Off in March, Shrink Assets Next, Bullard Says
- Hiking as early as March would control inflation, he says
- Bullard says Fed can adjust rates plan depending on prices
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Federal Reserve policy makers could start to raise their target interest rate as soon as March and shrink the central bank’s balance sheet as a next step in response to surging inflation, Federal Reserve Bank of St. Louis President James Bullard said.