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Fed’s Bullard, explaining dissent, says rates should top 3% this year

Fed's Bullard, explaining dissent, says rates should top 3% this year

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St. Louis Federal Reserve president James Bullard on Friday called for a dramatic increase in the Fed’s overnight lending rate to more than 3% this year, a step he feels is needed to catch up with inflation posing a “particularly heavy” burden on families.

...read full article on Reuters

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