Fed's Bullard: Would like to see Fed funds rate hit 3.5% in H2 2022 By Frank_Macro Fed Inflation InterestRate
euters. Bullard said he would "lean into" a 50 bps rate hike at the May meeting, though he is watching the data. Most of the balance sheet decisions are already priced in, he added, noting that there is no reason for that to influence the pace of interest rate increases.
Increases in the Federal funds rate to neutral should be relatively cost-free in terms of any hit to the economy, or increase in recession risk, he said, adding that, as it stands, he does not think the Ukraine war should be a reason to avoid action in the US on inflation. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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