Federal Reserve Bank of St. Louis President James Bullard urged policymakers to raise interest rates further, saying the level will need to be higher to meet the central bank’s goal to be “sufficiently restrictive” to bring down inflation.
Posts published by “Steve Matthews”
Federal Reserve Chair Jerome Powell is likely to slow the pace of interest-rate increases after front-loading policy with a second straight 75 basis-point hike next week, economists surveyed by Bloomberg said.
Fed’s Raphael Bostic Says June CPI Concerning, ‘Everything in Play’bloomberg.com
Harvard University’s Isaiah Andrews, who has studied methods of improving economic models and statistics, won the John Bates Clark award for contributions from a young economist, a rare recognition for a Black professional in a field that has been marked by a…