Economics
Fed’s Bullard Urges Front-Loading Hikes to Ensure Inflation Credibility
- On CNBC, he repeats call for 100 basis points by July 1
- Fed credibility is on he line, St. Louis Fed leader says
James Bullard
Photographer: Luke MacGregor/BloombergThis article is for subscribers only.
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Federal Reserve Bank of St. Louis President James Bullard said the U.S. central bank needs to move forward its plans to raise interest rates to underline the Fed’s inflation-fighting credibility.