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StL Fed Bullard Interview on Fox Business

FED

Bloomberg headlines of Fox Business Interview:

  • HAVE TO GET INFLATION UNDER CONTROL, FED HAS GOOD PLAN
  • 50 BPS IS `A GOOD PLAN FOR NOW,' MUST CHECK DATA
  • SHOULD TRY TO GET TO 3.5% BY END OF THIS YEAR
  • THE MORE WE CAN FRONTLOAD, THE BETTER OFF WE'LL BE
  • TIMING, MANAGEMENT OF RATES I'LL LEAVE TO POWELL
  • WE HAVE A VERY GOOD ECONOMY .. but MAY SLOW BUT WILL STILL BE ABOVE-TREND IN 2022
  • SEES GROWTH BEING FASTER IN SECOND HALF OF THE YEAR .. 2.5% TO 3%
  • EXPECT UNEMPLOYMENT RATE TO CONTINUE TO TICK DOWN

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