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MNI BRIEF: Bullard Sees Two Fed Hikes in 2022, Open to More


St. Louis President James Bullard told reporters Friday he thinks the Federal Reserve will have to hike interest rates twice next year but would like to have the option to do more given surprisingly robust inflation.

“The inflation numbers are high enough that it would help us to create optionality to do more if we have to, if inflation doesn’t dissipate as expected over the next couple of months,” Bullard said, echoing remarks this week Richmond Fed research director Kartik Athreya.

MNI Washington Bureau | +1 202 371 2121 |
MNI Washington Bureau | +1 202 371 2121 |

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