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In a recent <a href="https://www.bloomberg.com/news/articles/2023-05-22/fed-s-bullard-sees-two-more-hikes-needed-in-2023-to-cool-prices#xj4y7vzkg" rel="noopener noreferrer nofollow">statement</a>, St. Louis Fed President James Bullard expressed his desire for two additional quarter-percentage-point interest-rate hikes to occur later this year.At American Gas Association’s Financial Forum in Fort Lauderdale, Florida, James Bullard stated that he believes the policy rate must be increased to combat inflationary pressures, adding:&#34;We&#39;re going to have to grind higher with the policy rate to put downward pressure on inflation.&#34; Bullard expressed uncertainty regarding the timing of rate hikes. However, he emphasized his advocacy for raising rates &#34;sooner rather than later.&#34; According to the expert, applying downward pressure at the earliest opportunity is crucial.Read full article at <a href="https://cryptotale.org/bullard-of-federal-reserve-calls-for-two-additional-interest-rate-hikes-in-2023/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Bullard of Federal Reserve Calls for Two Additional Interest-Rate Hikes in 2023

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