EXCLUSIVE-Fed's Bullard: More aggressive Fed stance best to ensure longer expansion - NewsBreak
By Gesard in Business
Updated 3 years ago
WASHINGTON, Sept 28 (Reuters) - The Federal Reserve should let its roughly $8 trillion balance sheet shrink next year as soon as it winds down a bond purchase program, St. Louis Federal Reserve president James Bullard said, cautioning high inflation may require more aggressive steps by the central bank including two interest rate hikes in 2022.