St. Louis Federal Reserve President Jim Bullard announced last week that he had become significantly more hawkish following the hottest inflation reading in almost 40 years. He was calling for a full percentage point of interest rate hikes over the next three U.S. central bank policy meetings. He didn't waver from his stance Monday morning.
"I do think we need to frontload more of our planned removal of accommodation than we would've previously," Bullard said Monday on CNBC's "Squawk Box." "We've been surprised to the upside on inflation."
