Alberto Musalem to succeed Bullard as St. Louis Fed president
By Michael S. Derby NEW YORK (Reuters) -Alberto Musalem, an economist and former New York Federal Reserve staffer, has been tapped to become the new president of the St. Louis…
By Michael S. Derby NEW YORK (Reuters) -Alberto Musalem, an economist and former New York Federal Reserve staffer, has been tapped to become the new president of the St. Louis…
WASHINGTON (Reuters) – The Federal Reserve may still need to raise its benchmark interest rate by another half-point this year, St. Louis Fed President James Bullard said, suggesting that any…
PALO ALTO, Calif. (Reuters) – St. Louis Federal Reserve Bank President James Bullard, an early and vocal supporter within the U.S. central bank of rapid interest-rate hikes to beat back…
By Howard Schneider WASHINGTON (Reuters) – St. Louis Federal Reserve President James Bullard said on Friday he was ready to keep an “open mind” about whether to raise rates or…
WASHINGTON (Reuters) – The quarter point rate increase approved by the Federal Reserve this week was “a good next step” in the fight against inflation, St. Louis Fed President James…
By Howard Schneider ST. LOUIS (Reuters) – The U.S. central bank should continue raising interest rates on the back of recent data showing inflation remains persistent while the broader economy…
(Reuters) – The Federal Reserve needs to get inflation on to a sustainable path down toward its 2% goal this year or else risk a repeat of the 1970s, when…
By Howard Schneider WASHINGTON (Reuters) – Continued Federal Reserve rate increases will “lock in” slowing inflation even with continued economic growth, St. Louis Federal Reserve President James Bullard said on…
WASHINGTON (Reuters) – St. Louis Fed President James Bullard said Wednesday that U.S. Federal Reserve policymakers should get the policy rate of interest above 5% “as quickly as we can”…
WASHINGTON (Reuters) – St. Louis Fed President James Bullard on Thursday said he would defer to Chair Jerome Powell to decide on the size of upcoming rate increases as the…
By Howard Schneider WASHINGTON (Reuters) – Charles Evans and James Bullard are the U.S. Federal Reserve’s longest-serving monetary policymakers, a pair of PhD economists who’ve been at the center of…
WASHINGTON (Reuters) -The Federal Reserve’s rapid interest rate increases have contributed to the strength of the dollar against other currencies, but that may ease once the U.S. central bank reaches…
WASHINGTON (Reuters) – Rapid U.S. interest rate increases have raised the risk of a recession, but it is likely to be caused by an outside shock rather than from a…
(Reuters) – St. Louis Federal Reserve President James Bullard on Thursday said he expects high inflation to be more persistent than many have been expecting and interest rates now are…
(Reuters) – If inflation does not respond to the Federal Reserve’s interest rate increases by easing as expected, then rates will have to remain “higher for longer,” St. Louis Federal…
(Reuters) – The U.S. Federal Reserve and the European Central Bank may both be able to execute a “relatively soft landing” that avoids a harsh recession for their respective economies…
(Reuters) – The U.S. Federal Reserve should target a policy rate in the range of 3.75% to 4% by the end of this year in light of this week’s hotter-than-expected…
(Reuters) – St. Louis Federal Reserve President James Bullard would prefer to lift interest rates by 75 basis points at the central bank’s next meeting later this month, telling the…
(Reuters) – St. Louis Federal Reserve Bank President James Bullard on Thursday said he sees a “good chance” the central bank will engineer a soft landing for the economy, meaning…
(Reuters) – The U.S. economy is expected to continue to grow this year even as the Federal Reserve raises interest rates sharply to bring down unacceptably high inflation, St. Louis…
(Reuters) – Inflation at levels last seen in the 1970s and early 1980s is putting the U.S. central bank’s credibility at risk, St. Louis Federal Reserve Bank President James Bullard…
(Reuters) – U.S. April inflation at 8.3% remained “hot” but does not yet require the Federal Reserve to switch to three-quarter point rate increases, St. Louis Fed President James Bullard…
(Reuters) – U.S. inflation is “far too high,” St. Louis Federal Reserve Bank President James Bullard said on Monday as he repeated his case for increasing interest rates to 3.5%…
(Reuters) – The U.S. labor force is not increasing fast enough to help with the Fed’s immediate battle with inflation, St. Louis Fed president James Bullard said Thursday, discounting the…
By Ann Saphir – St. Louis Federal Reserve Bank President James Bullard on Wednesday said U.S. policymakers need to think “bigger” and act “faster” on raising interest rates, given that…