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Economic news
14.10.2021

St. Louis Fed president Bullard: I would put a 50% chance on high levels of inflation persisting

  • My outlook for U.S. economy is still pretty bullish
  • I think by end of tapering next spring, unemployment will be 3.5% or better
  • Labor markets are very tight
  • There is not a strong case that inflation will definitely dissipate over the next six months
  • High level of core PCE inflation is concerning

See also