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In a monetary policy world where doves argue for lower interest rates and hawks for higher ones, St. Louis Federal Reserve Bank Jim Bullard was difficult to categorize.
In a monetary policy world where doves argue for lower interest rates and hawks for higher ones, St. Louis Federal Reserve Bank Jim Bullard was difficult to categorize.
The US Federal Reserve will be single-mindedly focused on inflation until it is lowered closer to the 2 per cent target on a sustained basis, said global business intelligence solution firm S&P Global Market Intelligence.
Consumer prices rose more than expected in September as food and energy costs surged, new government data show.
According to the latest Bureau of Labor Statistics (BLS) data, the annual inflation rate climbed to a 13-year high of 5.4 percent in September, coming in higher than the median estimate of 5.3 percent.