Home / Economy / Fed’s Bullard leans toward favoring 0.75-percentage-point September rate rise

Back

Fed’s Bullard leans toward favoring 0.75-percentage-point September rate rise

3 min read . Updated: 22 Aug 2022, 05:53 PM IST MICHAEL S. DERBY, The Wall Street Journal

St. Louis Fed President James Bullard. (REUTERS) — St. Louis Fed President James Bullard. **(REUTERS)**

St. Louis Fed leader says he isn’t ready to say inflation surge has peaked

Federal Reserve Bank of St. Louis President James Bullard said Thursday he is considering support for another large rate rise at the central bank’s policy meeting next month and added he isn’t ready to say the economy has seen the worst of the inflation surge.

OPEN IN APP