Fed's Bullard sees more rate hikes as bank stress abates

Fed's Bullard sees more rate hikes as bank stress abates

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St. Louis Fed President James Bullard is optimistic stress in the banking system will abate in the weeks and months ahead, leaving a stronger economy that could force the central bank to push interest rates higher. “I would put 80% of probability on the case where financial stress abates," Bullard…

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