Fed's Bullard says rate hikes have had 'limited effects' on inflation so far

Fed’s Bullard says rate hikes have had ‘limited effects’ on inflation so far

St. Louis Federal Reserve Chairman James Bullard said Thursday that the central bank still has a lot of work to do before bringing inflation under control. A voting member of the Federal Open Market Committee responsible for setting rates, Bullard delivered remarks centered on a rules-based approach to policy-making. Using standards set by Stanford economics …

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