(CNBC)St. Louis Federal Reserve President James Bullard advocated Tuesday for the central bank to be aggressive as it starts winding down its monthly bond-buying program in case inflation becomes a larger problem. The Fed official said he thinks it’s a 50-50 chance that the current inflation pressures are transitory, so policymakers have to be ready.
Fed’s Bullard says bond purchases should be tapered quickly in case rate hikes are needed
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