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Many inflation measures are higher now than they were a year ago, Fed’s Bullard says

Por: MarketWatch Politics May 13, 2023

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MarketWatch Economic Calendar: If there were really strong disinflation going on in the U.S. economy, all these measures would be lower over the past year, Bullard said, in a speech at a monetary-policy conference sponsored by the Hoover Institution at Stanford. Bullard said that there are “encouraging signs” on the inflation front. He said he estimates the Fed’s benchmark interest rate is now barely high enough — in a range of 5% to... + full article



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