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1 min read

Fed President James Bullard says it could take another 2 rate hikes this year to crush inflation

"I think we're going to have to grind higher with the policy rate in order to put downward pressure…

Morgan Chittum   


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3 mins read

BSE market cap touches ₹280 lakh crore after a steep 18% rally in the last two months

Sensex has crossed ₹280 lakh market cap, beating its previous all-time high achieved in January thi…

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2 mins read

Wall Street's recession forecasts for 2023 are wrong and the economy is poised to keep growing, Fed President James Bullard says

"It doesn't seem like the moment to be predicting that you have a recession in the second half of 2…

Jennifer Sor   


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US stocks mixed as Fed officials cool jumbo rate hike fears and investors mull big bank earnings

The Fed's Christopher Waller backed a 75-basis-point rate hike, soothing fears of an even larger in…

Max Adams   


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2 mins read

The economy is stronger than previously expected and markets are repricing to adjust to blowout data, Fed President Bullard says

The central bank official said he thinks the US has "a good shot at beating inflation" in 2023 with…

Morgan Chittum   


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2 mins read

The Fed should keep raising rates as overblown credit fears make a recession unlikely, Fed President Bullard says

The Fed should remain focused on bringing inflation back to 2%, as it will become more difficult to…

Filip De Mott   


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2 mins read

Fed's James Bullard says a 75 basis point rate hike can't be ruled out as inflation is 'far too high'

"What we need to do right now is get expeditiously to neutral, and then go from there," Bullard sai…

Shalini Nagarajan   


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2 mins read

The Fed is going to have to curb economic activity to bring down soaring inflation, Fed's James Bullard says

The ability for neutral interest rates to cool scorching inflation is "fantasy" thinking, St. Louis…

Carla Mozée,Ben Winck   


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2 mins read

US stocks rise as investors digest economic data and comments from Fed's Bullard

"I don't really see why you want to drag out interest rate increases into next year," Fed President…

Matthew Fox   


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Isabelle Lee   


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Nasdaq drops 2% after Fed's Jim Bullard says he favors aggressive rate hikes after inflation data

"I was already more hawkish but I have pulled up dramatically what I think the committee should do,…

Matthew Fox   


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1 min read

US stocks rise as optimism over jump in retail sales overshadows inflation fears

The consumer discretionary sector was the best performing on the S&P 500 index on Tuesday.

Carla Mozée   


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US stocks stabilize after Fed's Bullard jolted markets last week by signalling a rate rise as early as 2022

Bullard predicted inflation will run at 3% in 2021 and 2.5% in 2022, before trending back to the Fe…

Shalini Nagarajan   


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US stocks slip as investors assess Bullard's comments on rates and digest Ukraine-Russia developments

St. Louis Federal Reserve President James Bullard told CNBC the Fed needs to move quickly in raisin…

Carla Mozée   


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1 min read

Fed's Bullard says bitcoin's meteoric rise will have little effect on the 'dollar global economy'

Bullard said in an interview that most investors still want a "stable store of value" and a "safe h…

Isabelle Lee   


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2 mins read

US can stage 'full recovery' by end of 2020 with blockbuster 4th quarter, St. Louis Fed president says

Gross domestic product growth would need to reach 35% and 10.4% in the third and fourth quarters, r…

Ben Winck   


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2 mins read

'Biggest growth quarter of all time' will help inflation meet overhauled target, Fed's Bullard says

Third-quarter growth of roughly 30% could give way to stronger price growth "than we have during th…

Ben Winck   


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3 mins read

Biden just unveiled a proposal to allow parents with kids under 17 to receive up to $300 in monthly federal payments during the pandemic

The Biden campaign is seeking to build out a tax plan to contrast with President Donald Trump's spa…

Joseph Zeballos-Roig   


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3 mins read

A senior Fed official says 'Wall Street has called this about right' after stocks rally to record highs even as fears persist about US economic health

"I expect more businesses to be able to operate and more of the economy to be able to run successfu…

Shalini Nagarajan   


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2 mins read

Failure to slow the spread of COVID-19 could spark a full-blown financial crisis, Fed president says

The US is "still in the middle of the crisis," St. Louis Fed chief James Bullard said, adding "the …

Ben Winck