The Latest Breaking News from St. Louis Fed

St. Louis Fed Chief Jim Bullard Calls For More Aggressive Rate Hikes

St. Louis Federal Reserve President Jim Bullard is defending his dissenting opinion that the central bank did not go far enough in raising rates by stressing the need to achieve a “policy rate above 3% this year.”

Benzinga · Mar 18, 2022

Netflix And Sirius XM Lead The Nasdaq Sharply Lower

U.S. indices were trading lower Thursday following comments from St. Louis Fed President James Bullard indicating he favors a 1% rate increase by July 1. Investors also continue to react to worse-than-expected inflation data from earlier in the trading session.

Benzinga · Feb 10, 2022