Bullard

The majority of economists polled by Bloomberg predict the Federal Reserve will end its 15-month streak of interest rate increases in June and leave rates unchanged at 5%-5.25% until December 2023. This prediction is consistent with current market sentiment, as investors are pricing in an 80%...

Speaking to the Economic Club of Minneapolis on Friday, St. Louis Fed President James Bullard noted that the present level of interest rates is in the "sufficiently restrictive" territory according to the committee. He added that the chance of a soft landing exists by labeling ...

Investors and traders welcomed news of lower than expected inflation. The U.S. Labor Department monthly Consumer Price Index (CPI) data for October fell 0.10 percent, compared to an estimated flat reading. Year over year, the index is up 1.00 percent, in line with expectations. The Fed's target...