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Fed’s Bullard on Rate Plan, Possible Inter-Meeting Move: Q&A

  • In Bloomberg interview, he favors 100 basis-point move by July
  • Bullard has ‘some sympathy’ for rate hike between meetings

In an interview on Thursday, Federal Reserve Bank of St. Louis President James Bullard discussed his outlook for monetary policy following a report showing surging consumer prices. 

He gave his view on whether a 50 basis-point interest-rate increase would be needed, and the possibility of raising rates between Federal Open Market Committee meetings.