Fed's Bullard sees 'hot' debate brewing after first rate hike

November 6, 2015 4:59 PM

16 0

Fed's Bullard sees 'hot' debate brewing after first rate hike

ST. LOUISDebate within the U.S. Federal Reserve will quickly turn to the appropriate pace of monetary policy tightening after an initial rate hike, a battle that may be fought in an environment of unexpectedly higher inflation, St. Louis Fed President James Bullard said on Friday.

The unexpectedly strong U.S. jobs report on Friday raised the already strong likelihood that the central bank will raise rates in December, ending a seven-year run of near-zero policy.

Also read: Hotels offer Black Friday, Cyber Monday sales

Read more

To category page

Loading...