Fed's Jim Bullard sees first interest rate hike coming as soon as 2022

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Fed's Jim Bullard sees first interest rate hike coming as soon as 2022

St. Louis Federal Reserve President James Bullard told CNBC that he sees an initial interest rate increase happening in 2022 as inflation picks up.

More @ CNBC...

 

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More on that from zero hedge:


Fed's Bullard Spooks Markets With Taper Talk, Fears "Froth"

US equity futures were already sliding this morning as option expirations loomed, but when St. Louis Fed Chair Jim Bullard appeared on CNBC and admitted that "it's natural that [The Fed] has tilted a little bit more hawkish," losses accelerated...

https://www.zerohedge.com/markets/stocks-accelerate-losses-feds-bullard-admits-tilted-more-hawkish