In a statement, St. Louis Fed President James Bullard explained by he voted for a 50bps rate hike on March 16 FOMC meeting, instead of 25bps. Additional, in the Summary of Economic Projections, he penciled in more rate hikes to 3% this year. “The combination of strong real economic performance and unexpectedly high inflation means […]
The post Fed Bullard explains voting for 50bps hike this week appeared first on Action Forex.