Former Federal Reserve Bank of St. Louis President James Bullard said a pickup in economic activity this summer could delay plans for the Fed to wrap up interest-rate increases.
“This reacceleration could put upward pressure on inflation, stem the disinflation that we’re seeing and instead delay plans for the Fed to change policy,” Bullard said Thursday during an interview with Bloomberg Television ahead of the Kansas City Fed’s annual economic policy symposium in Jackson Hole, Wyoming.
The former St. Louis Fed chief said if progress on inflation stalls, or if price pressures strengthen, “that would suggest a higher rate profile for the Fed than otherwise.”
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
US economy near stalling point as consumer demand weakens, survey saysBy Safiyah Riddle (Reuters) - U.S. business activity approached the stagnation point in August, with growth at its weakest since February as demand for ...
Lire la suite »
David Rosenberg: The Canadian economy is mired in weak fundamentals and investors are taking noteAnother BoC rate hike would be beyond nutty given an economy heading into a deep freeze
Lire la suite »
China’s slumping economy has some economists worried | Watch News Videos OnlineWatch China’s slumping economy has some economists worried Video Online, on GlobalNews.ca
Lire la suite »
China's Xi tells BRICS summit that Chinese economy is resilient(Reuters) - China's leader Xi Jinping told the BRICS group on Tuesday that China's economy was resilient and that the fundamentals for its long-term ...
Lire la suite »
China's Xi tells BRICS summit that Chinese economy is resilient(Reuters) - China's leader Xi Jinping told the BRICS group on Tuesday that China's economy was resilient and that the fundamentals for its long-term ...
Lire la suite »
‘They’re in a heap of trouble’: What’s prompted problems for China’s powerhouse economy?Watch ‘They’re in a heap of trouble’: What’s prompted problems for China’s powerhouse economy? Video Online, on GlobalNews.ca
Lire la suite »