St. Louis Fed's Bullard says the central bank should raise rates above 3% this year - CNBC

Bullard said in a statement that he would like to see the central bank's benchmark interest rate boosted above 3% from the near-0% level where it had stood.

St. Louis Fed President James Bullard said Friday he thinks the central bank should raise interest rates the equivalent of 12 times this year to convince the public it is serious about fighting infla… [+2876 chars]

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