Fed Must Act Forthrightly and Aggressively to Rein in Inflation, Bullard Says
Jumat, 24 Juni 2022 | 20:04 WIB
KONTAN.CO.ID - The Federal Reserve must act boldly in raising US interest rates in order to contain inflation before higher expectations become entrenched. St. Louis Fed President James Bullard said on Friday.
"We have to act forthrightly and aggressively to get inflation to turn around and get it under control ... or you could suffer a decade of high and variable inflation," Bullard said during a panel discussion on central banks and inflation hosted by UBS in Zurich, Switzerland.
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